Holiday airfares soar to 10-year high. Here's how to save on flights.

Read the original at CBS News ↗
CBS News · collected 2026-09-28 · by Megan Cerullo

Quick Summary

High jet fuel costs are causing U.S. holiday airfares to reach a 10-year high, with average round-trip tickets for Thanksgiving costing $402 and Christmas flights averaging $452 this year, according to fare aggregator Hopper. These prices represent significant increases of $95 and $85 respectively from last year’s figures. The conflict in Iran has constrained oil supply, pushing up jet fuel costs and leading airlines to raise fares. Travel experts advise booking early, being flexible with destinations, and flying on off-peak days to save money during this expensive travel season.
Written locally by qwen2.5:14b on 2026-10-02, using this article's own text rather than the other coverage of the same event (that is the story summary below).

AI analysis runs on qwen2.5:14b, locally

Story summary

Hopper, a fare aggregator, reported that winter holiday flight prices within the U.S. have hit a 10-year high due to elevated jet fuel costs linked to tensions in Iran. The average round-trip ticket for Thanksgiving travel was $402, up $95 from last year; around Christmas, it averaged $452, an increase of $85. Jet fuel prices have surged as the conflict has constrained oil supplies from the region, pushing up costs by 31% compared to last year. Airlines are responding by raising fares and imposing additional passenger surcharges. With jet fuel typically accounting for up to 30% of airline operating costs, these price hikes reflect a significant financial burden.

Written for “Holiday Flight Prices High” on 2026-10-05, grounded in this article and the 1 other(s) covering the same event.

Signals How these are calculated →

Claims extracted
24
claim-shaped sentences
Uncertain
25%
6 of 24 hedged
Leaning
not political
takes no side on a contested political question
Correction & hedging signals
65.5
corrections and hedging in what we collected; not a measure of accuracy
Outlets on this story
2
Economy/Business
Narrative spread
1
articles carrying this framing
Analyzed 2026-09-28 · how these are computed

Story

📰 Holiday Flight Prices High
Economy/Business · 2 article(s) covering the same event. See how they differ ↓

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Compared with similar articles

This article reads unscored and hedges 25% of its claims. Each row says how that neighbour differs.
CBS News
⚖️ leaning not scored 🔴 0% hedged 0 of 3 📰 publisher trust 66
“Both articles discuss the same forecast from Hopper about winter holiday flight prices reaching a 10-year high due to elevated jet fuel costs.”

Publisher

CBS News · 1976 article(s) · 6 correction(s) detected
Running correction rate · 6 correction(s)
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Who wrote this

Megan Cerullo
18 article(s) here · 1 carrying a prediction
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🔮 Americans traveling for the holidays this year could face sticker shock as high jet fuel costs stemming from the drive up domestic airfares, according to a new forecast.
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Also by Megan Cerullo
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 18 articles by Megan Cerullo →

Topics

Americans Brent Hopper Iran U.S.

Subjects

Hopper PERSON · 3× Iran GPE · 3× U.S. GPE · 3× Berg PERSON · 2× Americans NORP · 1× CBS News ORG · 1× Hayley Berg PERSON · 1× IATA ORG · 1× S&P Global Energy Platts ORG · 1× the International Air Transport Association ORG · 1×

Narrative

The price of Brent crude, the international oil benchmark, briefly topped $101 a barrel on Monday before receding to $97.83 amid hopes of a deal between the U.S. and Iran to end the fighting and reopen the Strait of Hormuz.
framing: mixed · carried by 1 article(s) · first seen 2026-09-28
🔮 Americans traveling for the holidays this year could face sticker shock as high jet fuel costs stemming from the drive up domestic airfares, according to a new forecast.

Claims (24 extracted, 6 hedged)

Americans traveling for the holidays this year could face sticker shock as high jet fuel costs stemming from the drive up domestic airfares, according to a new forecast. uncertain
Americans → travel → forecast
The average round-trip ticket for a flight within the U.S. during the Thanksgiving break is $402, up $95 from the same period a year ago, fare aggregator Hopper said in an analysis. asserted
Hopper → say → analysis
Round-trip domestic airfares around Christmas are averaging $452, up $85 from last year, according to the firm. uncertain
airfares → average → firm
Tickets for round-trip flights in the U.S. are already up 31% compared to the same period last year, reflecting elevated jet fuel costs, according to Hopper. uncertain
Tickets → compare → Hopper
"Months of elevated jet fuel costs due to the conflict in Iran have contributed to Thanksgiving and Christmas airfares reaching 10-year highs," the company said. asserted
company → contribute → highs
The conflict in the Middle East has choked oil flows from the region, constraining global supply. asserted
conflict → choke → supply
As oil prices have risen, the cost of distillates such as jet fuel has also jumped. asserted
cost → rise → fuel
To offset those costs, airlines have hiked fares, tacked on passenger surcharges and .Typically asserted
airlines → offset → surcharges
, jet fuel costs account for up to 30% of an airline's operating costs, according to airline industry analysts. uncertain
costs → account → analysts
Before the Iran war began in late February, jet fuel averaged about $99 per barrel globally, according to the International Air Transport Association. uncertain
fuel → begin → Association
It peaked at $209 in April and hit $195 a barrel in mid-September, IATA said, citing data from S&P Global Energy Platts. asserted
IATA → peak → Platts
"When you see a more than doubling of that cost, it's inevitable that prices will have to increase to offset it," Hopper economist Hayley Berg told CBS News. asserted
Berg → see → News
The price of Brent crude, the international oil benchmark, briefly topped $101 a barrel on Monday before receding to $97.83 amid hopes of a deal between the U.S. and Iran to end the fighting and reopen the Strait of Hormuz. asserted
price → top → Hormuz
A barrel of Brent traded at roughly $72 before the war started. asserted
war → trade → 72
How to save on holiday travel With airline tickets expected to remain pricey so long as jet fuel costs remain high, travel experts have some tips for saving on holiday trips. asserted
experts → save → trips
While many people travel home during the holidays, those heading to warm destinations can save money by comparison shopping. asserted
those → travel → shopping
"Look at different destinations that offer a similar experience," she said, adding that it can save hundreds of dollars on a round-trip ticket. asserted
it → look → ticket
No matter when or where consumers plan to travel, don't wait to book your trip — fares aren't expected to drop as the holiday season approaches. asserted
season → plan → trip
While oil flows from the Middle East have risen and now top 75% of pre-war volumes, crude prices will take longer to fall, according to Gregory Brew, an energy analyst at political risk consultancy Eurasia Group. uncertain
prices → rise → Group
Berg said that travelers should lock in fares for both Thanksgiving and Christmas trips before Halloween, after which she expects fares to spike. asserted
fares → say → which
Berg advised flying on Monday or Tuesday before Thanksgiving, which falls on Nov. 26 this year, rather than Wednesday, when a crush of travelers is expected to flock to the nation's airports. asserted
crush → advise → airports
She also recommends returning any day other than Sunday, Nov. 29. asserted
She → recommend → Sunday
"You can travel on Black Friday, Saturday morning, Monday or Tuesday, but you'll pay $250 more per round-trip ticket to fly on Sunday," she said. asserted
she → travel → Sunday
The same advice applies around Christmas. asserted
advice → apply → Christmas
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