Airline industry leaders predict ticket prices will soon stabilize despite recent surges in jet fuel costs, which have risen sharply since the conflict in Iran escalated. With demand remaining strong, executives acknowledge travelers are adjusting to higher fares, though no immediate relief is expected in the near term. The comments come as carriers grapple with ongoing fuel price volatility tied to geopolitical tensions. Industry observers will watch closely to see if stabilization holds as summer travel season approaches.
Airlines for America CEO Chris Sununu on Sunday said the price of plane tickets will stabilize amid high jet fuel prices that have spiked in the six months since the Iran war began. "People realize that demand is high," Sununu told "The Hill on Sunday" host Chris Stirewalt on NewsNation, The Hill's sister network. "I...