Travel

Should you book flights now or wait? What rising fuel costs mean for airfares

North America / Canada2 views1 min
Should you book flights now or wait? What rising fuel costs mean for airfares

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Rising fuel costs due to the Middle East conflict are impacting air travel, with experts warning of potentially higher fares and flight cancellations. Travelers are advised to book flights now rather than waiting for potentially lower prices later.

The ongoing Middle East conflict has caused fuel prices to more than double, affecting the air travel industry. Air fares have already risen, with international flights increasing by 8% and domestic fares by 14% from January 2025 to March 2026. Airlines are dealing with rising jet fuel costs by adding fuel surcharges or incorporating them into base fares. Experts warn that if fuel prices remain high, price hikes will continue into the later summer months. Travelers are advised to book now as waiting may result in higher fares or flight cancellations. WestJet has already announced flight cancellations due to the rising costs.

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