Cyprus Times

Airlines Increase Ticket Prices Due to Middle East Conflict

Published March 10, 2026, 09:08
Airlines Increase Ticket Prices Due to Middle East Conflict

Airlines worldwide are increasing ticket prices due to rising fuel costs, linked to the conflict in the Middle East. Fuel prices have skyrocketed from around $85 to $90 per barrel to $150 to $200 per barrel, significantly impacting the travel industry. Companies like Qantas Airways and Air New Zealand have already announced fare increases and suspended financial forecasts. The price increase particularly affects Asia-Europe routes, with some companies adding extra flights to meet demand. Hong Kong Airlines and Cathay Pacific have also increased fuel surcharges.