Airfares Are Staying High Even as the Jet Fuel Crisis Fades

Airfares remain elevated in the US even as a historic jet fuel crisis fades, leaving passengers without immediate relief. Bloomberg reports that the US-Iran war triggered a global supply crunch, prompting carriers to cut flights and raise prices; Spirit Airlines stopped operations, and Europe faced warnings of a shortage within weeks. In Los Angeles, the jet fuel pricing hub, prices doubled from pre-war levels by late April, but by late June about 80% of that surge had been erased. Still, US domestic airfares from late June through end of August are 15% higher than the same period in 2025, according to Katy Nastro of Going. With demand staying high and travel tied to the World Cup and the US’s 250th anniversary, airlines are unlikely to lower fares quickly. International routes show limited respite, with US-to-London roundtrips up 27%.