Delta Air Lines CEO Ed Bastian warned that the airlines’ U.S. ticket prices could increase between 5 and 10 percent given the recent spike in oil prices amid the Russian invasion.
The surge in fuel costs for a U.S. domestic flight “is probably about $25 on a ticket, that could be anywhere between 5% to 10% at these high levels of oil … and international [flights] will be a bit higher than that,” Bastian told the BBC in an interview published on Thursday.
The British broadcaster said that in addition to raising the price of U.S. tickets, Delta is planning to implement an added fuel fee for international flights to combat the rising oil prices.