Global Fuel Price Surge Leads to Airline Surcharges and Economic Strain
A global surge in fuel prices, including an 80% hike in jet fuel, is forcing airlines worldwide to impose surcharges of up to $400 per ticket and impacting countries like Pakistan and the Philippines, where governments consider raising airfares and drivers struggle with soaring diesel costs.
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Govt may have to ‘unfreeze’ fuel prices amid global surge
• Targeted subsidy for two-, three-wheelers on the anvil • Jet fuel, kerosene prices rise quietly, but dramatically • Rising jet fuel costs push up domestic, international fares by 30-40pc • Passenger volumes on Gulf routes drop; Europe-bound travellers face limited routes, exorbitant prices • Exporters sound alarm over rising air cargo rates ISLAMABAD: Amid a sharp rise in jet fuel and kerosene prices, the government is considering unfreezing prices of other petroleum products to reflect glo...
By none@none.com (Khaleeq Kiani)
Read full article →Airlines impose fuel surcharges of up to $400 per ticket as jet fuel costs soar
More than 60% of carriers have implemented or are planning to introduce fuel surcharges or increase airfares from mid-March 2026, according to a survey conducted on March 20 by the Civil Aviation Authority of Vietnam (CAAV), covering nearly 40 international and regional airlines.
Read full article →Jet fuel prices hiked by 80% - The Daily Star
Jet fuel prices hiked by 80% The Daily Star
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