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ITA Airways to raise fares 10 percent despite rising jet fuel costs no flight cuts planned

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

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 TimesThe Economic Times

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