Published May 6, 2026, 11:30 AM ET · Updated 6 months ago · 2 sources

US airlines spent $1.8 billion more on fuel in March as prices jumped

reuters
reuters
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Original Report

WASHINGTON, May 6 (Reuters) - Major U.S. airlines spent ​just over $5 billion ‌on jet fuel in March, up ​56% and $1.8 billion ​over February costs, the ⁠U.S. Transportation ​Department said.The cost per ​gallon of fuel in March was $3.13, up ​74 cents, and ​31% over February. Fuel ‌use ⁠rose 20% in March. Global carriers are contending with surging ​jet ​fuel ⁠prices since the U.S.-Israeli strikes on Iran ​disrupted traffic ​through ⁠the Strait of Hormuz, in the ⁠air ​travel industry's ​worst cr