British Airways eyes post-summer fare hikes as fuel costs climb
What's new: IAG expects about €2 billion in extra fuel costs in 2026 and aims to offset 60% through revenue and savings.
British Airways is preparing for a better chance to raise ticket prices after the main summer travel season, betting its mix of long-haul, corporate and premium passengers will better absorb higher fares than leisure-focused rivals. CEO Sean Doyle made the comments at the International Air Transport Association annual meeting in London on June 6. Parent company International Airlines Group said in May that it expects to pay about €2 billion more for fuel in 2026 because of the Middle East war and plans to offset 60% of that hit through revenue and cost savings. Airlines across the industry are facing higher fuel bills linked to the conflict in Iran, with Air France-KLM and Lufthansa also taking steps to protect margins.