Holiday travelers may face higher airfare costs this season as jet fuel prices in the U.S. approach record levels, driving up airlines' primary operating expense. With fuel costs at near-peak levels, passengers could see increased ticket prices compared to previous years. The surge in fuel prices is expected to impact both domestic and international flights, prompting travelers to budget accordingly. Airlines may also adjust schedules or offerings in response to the rising expenses.
If you're planning to fly this holiday season, be prepared to pay more than you did last year. The price of jet fuel — one of airlines' biggest expenses — is close to an all-time high in the U.S.
