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Why are my holidays pricier?

Jet2 is increasing its fuel hedging, which is like buying fuel in advance at a fixed price. This helps them manage costs when global oil prices fluctuate, especially with recent Middle East conflicts. While it stabilises their own expenses, these higher operational costs can sometimes trickle down to consumers through slightly higher ticket prices or holiday package costs.

Stories that explain this

Jet2 increases fuel hedging and reports higher bookings for summer Japan's trade deficit grows due to yen and Iran war

Related explainers

Why are bookings up? What is fuel hedging? Jet2 on the stock market? Why Middle East conflict matters Will my tech get more expensive? How does this affect UK trade? What is a trade deficit? Why does war affect prices?

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