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The Independent UK
The Independent UK
Business
J.R. Duren

Airfare remains expensive even though jet fuel prices have fallen amid Iran peace deal

Though jet fuel prices have fallen more than 40 percent from February, American consumers aren’t feeling much relief from airfare prices that jumped because of costs connected to the U.S.- Iran war.

Airfares booked from the last week of June through the end of August are 15 percent higher than they were in 2025, Bloomberg reported Thursday, citing figures from airfare tracker Going. Through March 30, the average price of a domestic ticket in the United States was $428 - $19 higher than the average at the end of 2025, and the second-highest average fare since September 2022, according to the Bureau of Transportation Statistics.

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