← Latest news 
ITA Airways to raise fares 10 percent despite rising jet fuel costs no flight cuts planned
Business
Published on 6 May 2026

80% of 2026 fuel needs already locked in
ITA Airways says it will not cut flights even as jet fuel costs rise. The carrier has hedged about 80% of its 2026 fuel requirements, giving it room to act. It plans a 5% to 10% fare increase this year to offset higher expenses. CEO Joerg Eberhart also noted Lufthansa’s stake expansion is still pending.
- ITA Airways plans a 5% to 10% fare increase
- Rising jet fuel costs won’t trigger flight cuts
- About 80% of 2026 fuel needs are hedged
- Lufthansa stake increase remains pending
Read the full story at The Economic Times
This summarization was done by Beige for a story published on
The Economic Times
