JetBlue Says Jet Fuel Will Get Even More Expensive As Iran War Continues
JetBlue has raised its forecast for jet fuel prices due to the ongoing closure of the Strait of Hormuz. The airline expects prices to increase from $4.13 to $4.36 per gallon, influenced by fluctuations in Brent crude prices. Despite the rising costs, JetBlue anticipates recapturing 40% or more of these increased fuel expenses through higher airfares and baggage fees.
- ▪JetBlue has increased its second-quarter forecast for jet fuel prices amid the closure of the Strait of Hormuz.
- ▪The airline's SEC filing indicates that fuel prices are expected to rise from $4.13 to $4.36 per gallon.
- ▪JetBlue plans to recapture a significant portion of increased fuel costs by raising airfares and baggage fees.
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Energy JetBlue Says Jet Fuel Will Get Even More Expensive As Iran War Continues Image not from story(Photo by THOMAS SAMSON/AFP via Getty Images) Benjamin Roberts Associate Editor June 01, 2026 1:14 PM ET June 01, 2026 1:14 PM ET Benjamin Roberts Associate Editor Font Size: const observer = new MutationObserver((mutations) => { const adDivToHide = document.querySelector("#dailycaller_incontent_1"); if (adDivToHide && dc_noads_page) { adDivToHide.classList.add("hide-premium", "hide-free"); observer.disconnect(); console.log("Ad div found and hidden"); } }); observer.observe(document.body, { childList: true, subtree: true }); JetBlue hiked its second-quarter forecast for jet fuel prices on Monday amid the Strait of Hormuz’ continued closure, Reuters reported.
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