Jet Fuel Surge Crushes 2026 Travel Boom

Jet fuel prices spike sharply due to the Middle East war, pushing U.S. airline costs higher and causing airfares to double on key routes like New York to London. United Airlines, American Airlines, and Delta Air Lines report record bookings despite the surge, with CEOs noting strong demand offsets some expenses. Hotels in the United States, Spain, United Kingdom, and Italy see plunges as travelers face soaring costs.