IAG to Increase Ticket Prices Due to Rising Jet Fuel Costs

Apr 24, 2026

45 min

Apr 24, 2026 15:32

British Airways owner IAG to raise ticket prices amid jet fuel shortage crisis

## Impact of Middle East Conflict on Aviation

International Airlines Group (IAG), the parent company of British Airways, Iberia, and Aer Lingus, has announced plans to raise ticket prices. This decision comes as a response to escalating jet fuel costs, driven by the ongoing conflict involving the US, Israel, and Iran.

## Fuel Supply and Pricing Challenges

Despite IAG's current stable fuel supply, the company acknowledges the broader impact of rising costs. The airline group has been using fuel hedging strategies to mitigate price volatility, but this protection is expected to diminish in the coming months.

## Industry-Wide Effects

The aviation sector is under pressure, with other European airlines like easyJet and TUI Group issuing profit warnings. Air France-KLM has also introduced fuel surcharges on certain routes. IAG has called for government flexibility, such as airport slot alleviation, to help manage these challenges while maintaining efficient operations.

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