It's difficult to predict how much more expensive seats will become or the timing of fare increases, but the message is the unanimous from the major carriers. "Consumers will pay more to travel because of higher fuel costs," said Henry Harteveldt, a travel analyst and the founder of Atmosphere Research Group. Related: Southwest bookings fall after fatal accidentAirlines have a few ways to build in higher fuel expenses, he explained. Related: Wall Street is back on the oil bandwagonCarriers are already telling Wall Street that fliers should prepare for higher prices. United (UAL) also expects more expensive fares.
Source: CNN June 06, 2018 18:11 UTC