US air fares rose 4.7% in early 2026 as oil prices spiked

United Airlines Holdings
Southwest Airlines Co.
American Airlines Group Inc.
Delta Air Lines, Inc.

United Airlines Holdings

UAL

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Southwest Airlines Co.

LUV

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American Airlines Group Inc.

AAL

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Delta Air Lines, Inc.

DAL

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WASHINGTON, June 24 (Reuters) - Average U.S. domestic air fares rose 4.7% in the first three months of 2026 to $428 as oil prices soared in March due to the U.S.-Israeli war on Iran, the U.S. Transportation Department said on Wednesday.

Without adjusting for inflation, air fares in the first quarter were up 5.7% over the prior three months and up 7.7% over the same period last year.


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