Close Menu
  • Home
  • AI
  • Entertainment
  • Finance
  • Sports
  • Tech
  • USA
  • World
  • Latest News

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

What's Hot

Joel Embiid, 76ers defeat second-seeded Celtics in NBA playoffs | Basketball News

May 3, 2026

A war is coming between the US and Iran over your credit score and mortgage application.

May 3, 2026

Japan’s Inoue defeats Nakatani to retain undisputed super bantamweight title | Boxing News

May 3, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram Vimeo
BWE News – USA, World, Tech, AI, Finance, Sports & Entertainment Updates
  • Home
  • AI
  • Entertainment
  • Finance
  • Sports
  • Tech
  • USA
  • World
  • Latest News
BWE News – USA, World, Tech, AI, Finance, Sports & Entertainment Updates
Home » Buy now or wait for a dispute to arise?
Finance

Buy now or wait for a dispute to arise?

adminBy adminMay 3, 2026No Comments5 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
Share
Facebook Twitter LinkedIn Pinterest Email


Travelers in Terminal 1 at John F. Kennedy International Airport in New York on March 1, 2026.

Michael Nagle | Bloomberg | Getty Images

As airfares continue to rise due to the Iran war, potential travelers may be wondering, “Should I buy a ticket now or wait until the situation improves?”

Travel experts say it’s generally best to buy early.

“Whether you’re looking to travel in the next two weeks, two months, or in the fall, waiting to buy a plane ticket in the hope that the conflict will end soon is honestly riskier than the fashion choices we made as teenagers. We won’t be happy with it in the future,” said Katie Nastro, a travel expert at the travel trading site Going.

In other words, “If it’s within your current budget, don’t put it off,” Nastro says.

Airfares are rising, especially on international flights.

A technician prepares a Delta Air Lines aircraft to refuel at Austin-Bergstrom International Airport on April 10, 2026, in Austin, Texas.

Brandon Bell | Getty Images News | Getty Images

Airline ticket prices generally increase gradually as the high-demand summer travel season approaches.

But this year, prices rose significantly more than usual amid an oil supply shock triggered by the ongoing Middle East conflict that began on February 28, when the United States and Israel launched attacks on Iran.

As of April 20, the average round-trip ticket cost for a domestic flight was $361, according to weekly data from travel search engine Kayak. The price is up about 8% from $335 on February 23, before the Iran war began. It is also up 19% from $304 a year ago in late April 2025.

International flight fares have further increased in recent months, with the average round-trip ticket reaching $1,097 on April 20, up 42% from $774 on February 23 and up 14% year-over-year, according to Kayak.

Jet fuel and the impact of the Iran war

A jet fuel truck sits on the tarmac at Fort Lauderdale-Hollywood International Airport (FLL) on Wednesday, April 22, 2026 in Fort Lauderdale, Florida, USA.

Eva Marie Uzcategui | Bloomberg | Getty Images

Haley Berg, chief economist at travel booking app Hopper, said the cost of jet fuel is the main reason airlines are raising prices for the summer.

Jet fuel is one of the largest operating costs for airlines, typically accounting for 20% to 30% of total costs, making it a “significant driver” of airfares, Berg wrote in an email.

Iran and the United States are racing to block the Strait of Hormuz, a shipping route through which about 20% of the world’s oil supplies pass, inflicting economic pain on the other and pushing up global oil prices.

Read more CNBC’s personal finance coverage

The price of U.S.-made jet fuel refined from crude oil has risen about 82% since the start of the Iran war, from $2.50 on Feb. 27 to $4.56 a gallon as of Wednesday, according to Argus Media’s Jet Fuel Price Index.

Airlines will need to absorb these additional costs or pass them through through pricing to recover the “significantly higher” per-flight costs, Berg wrote.

In addition to raising ticket prices, airlines are managing the impact by increasing baggage fees, adding fuel surcharges and reducing flight schedules.

The extent of the impact on consumers varies by route, Berg wrote.

For example, on short-haul flights, the impact on prices may be more limited because fuel is a smaller portion of total operating costs, she wrote. But bunker price changes have a more direct and noticeable impact on travelers, she wrote, because fuel is a “major cost factor” on long-haul flights.

Europe faces summer travel disruptions as jet fuel demand soars, IEA chief says

Berg said he estimates summer airfares are already about 10% higher than Hopper expected due to higher fuel costs. Fares to Europe, a top summer destination for Americans, rose about 9%, she wrote.

“With the outcome of the current conflict unknown, we do not know what fuel price trends will be this summer,” Berg wrote. “Travelers looking to book domestic or international flights for the summer should start checking prices now. If you find a great deal, we encourage you to go ahead and buy.”

Even if the war ends in the near future, experts say it will likely still take several months for the situation to normalize.

For example, it will take time to rebuild the Middle East’s oil infrastructure and iron out delays in oil production, Nastro said.

“Don’t wait[to buy]because you don’t want to take the risk at this point,” she said. “If you think fares are going to go down significantly, there’s a risk that they won’t go down at all.”

This logic applies not only to summer travel, but also to flights in September and October, she said.

“Goldilocks” window for purchasing airline tickets

LeChat Noir | E+ | Getty Images

War aside, airfares could become volatile, experts say. Also, airline tickets tend to become more expensive weeks to months before departure.

Travelers usually get the best deals by buying months in advance, rather than waiting until the last minute.

Nastro calls this the “Goldilocks” window.

Nastro said domestic travelers typically get the best deals if they buy about three to seven months before their trip, while international travelers typically buy four to 10 months in advance.

Ryanair CEO warns European airlines will go bankrupt if jet fuel prices remain high

Berg offered similar schedules depending on the destination. She recommended:

Domestic flights: Monitor prices 3-4 months before your trip and book 1-2 months in advance. Traveling to Europe: Watch prices 7-8 months before departure and book 3-6 months in advance. Travel to Asia, Australia, and Africa: Monitor prices 7 to 8 months in advance and book long-haul international flights 5 to 7 months in advance.

Travelers who haven’t yet booked a trip could consider flying in the fall instead of summer to save money, or even postpone until there’s perhaps more clarity about the Iran war, Berg said.

“Compared to the peak summer months, flying in September or October can offer significant savings, especially when traveling to international destinations like Europe,” she said.

Make CNBC your preferred source on Google and never miss a moment from the most trusted names in business news.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
Previous ArticleHezbollah deploys powerful new weapon designed to evade Israeli detection
Next Article Carlos Prates punishes Jacques de la Maddalena at UFC Fight Night Australia | Mixed Martial Arts News
admin
  • Website

Related Posts

A war is coming between the US and Iran over your credit score and mortgage application.

May 3, 2026

How to deal with high health insurance deductions

May 3, 2026

Private credit turns to financial alchemy as antidote to ‘peak anxiety’

May 3, 2026

Samsung is lamenting the memory chip crisis. That’s good news for these stocks

May 3, 2026
Leave A Reply Cancel Reply

Our Picks

Newly freed hostages face long road to recovery after two years in captivity

October 15, 2025

Former Kenyan Prime Minister Raila Odinga dies at 80

October 15, 2025

New NATO member offers to buy more US weapons to Ukraine as Western aid dwindles

October 15, 2025

Russia expands drone targeting on Ukraine’s rail network

October 15, 2025
Don't Miss
Entertainment

Jenna Bush Hager cries during her mother’s entrance on air

By adminMay 2, 20260

From the heart of New York City, Jenna Bush Hager speaks candidly about being a…

Jon Cryer details ‘complicated’ relationship with Charlie Sheen

May 2, 2026

Post Malone cancels second part of Big Ass Stadium tour until album completion

May 2, 2026

Ashley Graham calls GLP-1 trend a ‘slap in the face’

May 2, 2026
About Us
About Us

Welcome to BWE News – your trusted source for timely, reliable, and insightful news from around the globe.

At BWE News, we believe in keeping our readers informed with facts that matter. Our mission is to deliver clear, unbiased, and up-to-date news so you can stay ahead in an ever-changing world.

Our Picks

Hezbollah deploys powerful new weapon designed to evade Israeli detection

May 3, 2026

Latest news: President Trump says he will consider new Iranian plans

May 3, 2026

Stranded humpback whale Timmy released into North Sea by rescue team

May 2, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact US
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 bwenews. Designed by bwenews.

Type above and press Enter to search. Press Esc to cancel.