What happens next with airfares and flights

ABC News Daily15mApril 23, 2026

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AI-Generated Summary

This episode of ABC News Daily examines the ongoing impact of the Iran war on global and domestic air travel, focusing on flight disruptions, soaring jet fuel prices, and their effects on airfares and airline operations. Aviation expert Ian Douglas explains that while Gulf carriers like Emirates and Qatar Airways have resumed limited operations after suspensions, the industry remains fragile due to fuel shortages and price volatility. Jet fuel prices have more than doubled in some regions, forcing airlines like Qantas and Virgin to cut capacity, particularly on less profitable domestic and regional routes, including flights to Mount Gambier and reduced services between Australia and New Zealand. Despite some optimistic signs—such as fuel reserves and continued long-haul operations—low-cost, short-haul carriers in Europe and the US are most at risk, with Lufthansa, EasyJet, and Spirit Airlines already announcing major cancellations. The episode concludes that while major airlines can weather the storm, travelers should expect high fares and potential disruptions for months to come, even if the conflict ends immediately.

Key Takeaways
1

Jet fuel prices have more than doubled in some regions, significantly increasing airline operating costs.

2

Qantas and Virgin have cut flights on regional and domestic routes due to unprofitability, impacting smaller communities.

3

Low-cost, short-haul carriers are most vulnerable to cancellations due to high fuel costs.

4

Long-haul flights remain relatively stable, but travelers should expect continued uncertainty and higher fares.

5

Even if the war ends today, full recovery for aviation could take months due to fuel supply chain delays.

Chapters
0:00
3 min

Introduction: The Global Aviation Crisis

The episode opens with a brief segment on the History or Hoarding podcast before transitioning into the main topic: the impact of the Iran war on air travel, flight cancellations, and rising airfares.

2:30
5 min

Gulf Carriers Resume Limited Operations

Ian Douglas explains that Gulf airlines like Emirates and Qatar Airways have resumed flights to Dubai, Doha, and Abu Dhabi, using aggressive pricing to regain customers after suspensions.

7:30
5 min

Fuel Prices and Airline Profitability

Even if everything stopped tomorrow, that the war stopped, that everybody started moving fuel around again. It's definitely going to take time to get stocks back into refineries and delivered to airports.

Highlight
12:30
5 min

Domestic Impact: Qantas and Virgin Cut Flights

It's the low-cost short-haul flying that's actually most at risk.

Highlight
17:30
5 min

Global Cancellations and Carrier Struggles

There is fuel. Part of the problem of course is if you fly out with an aircraft that has a full tank of fuel it burns that on the way.

Highlight
High-Impact Quotes
Even if everything stopped tomorrow, that the war stopped, that everybody started moving fuel around again. It's definitely going to take time to get stocks back into refineries and delivered to airports.
Ian Douglas14:52
Viral: 85.0
It's the low-cost short-haul flying that's actually most at risk.
Ian Douglas13:33
Viral: 78.0
You might be paying customers to fly, that you'd be spending more on just fuel and the crew than the total airfares on board.
Ian Douglas10:44
Viral: 75.0
Speakers

Host

Sam Hawley

Guest

Ian Douglas
Topics Discussed
Jet Fuel Price Surge95%Global Air Travel Disruptions90%Airlines Capacity Cuts88%Regional Air Service Vulnerability85%Low-Cost Carrier Struggles80%Traveler Booking Strategy75%Aviation Industry Recovery Timeline70%Government Intervention in Aviation60%
People & Brands

Ian Douglas

person

15xPositive

Qantas

organization

10xNeutral

Virgin

organization

8xNeutral

Emirates

organization

3xPositive

Qatar Airways

organization

3xPositive

Mount Gambier

place

3xNegative

EasyJet

organization

2xNegative

Rex Airlines

organization

2xPositive

Spirit Airlines

organization

2xNegative

Lufthansa

organization

2xNegative

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