Flight ticket prices surge in first half of 2026 as Iran conflict drives fuel costs higher

· Business DEU

International flight tickets cost an average of 8.5 percent more in the first half of 2026 compared with the same period a year earlier, driven by a sharp increase in kerosene prices after the U.S. and Israeli strikes on Iran from Feb. 28 and Iran's near-total blockade of the Strait of Hormuz.

Economy-class fares to Central America saw the steepest rise at 12.5 percent, followed by European routes at 11.5 percent. Tickets to Asia and Australia rose 4.9 percent, while North American long-haul flights increased 3.7 percent. Africa was the only region where fares fell, dropping 12 percent. Domestic flights also became 9.5 percent more expensive.

Package holidays abroad were 3.0 percent costlier on average, with Egypt up 5.2 percent and the Canary Islands 4.6 percent. Greece prices barely changed, edging up just 0.2 percent.

Related stories