Department of Transportation reports airline fuel costs increased 56% in March
The U.S. Department of Transportation reported that U.S. airlines' total fuel expenditure jumped to $5.06 billion in March, a 56% increase from $3.23 billion in February, with per-gallon prices rising from $2.39 to $3.13. The spike occurred in the first full month following escalation in the Iran conflict, which disrupted shipping through the Strait of Hormuz and elevated global fuel prices. The cost increase was cited as a factor in Spirit Airlines' decision to shut down operations.
Lightly covered so far
Too few outlets to map a left-right split. Here is each take as it stands.
“Airline fuel costs jumped 56 percent in March: Transportation Department”
“US says airline jet fuel costs jumped $1.8 billion or 56% in March”
“DOT says airlines paid 56% more for fuel in March than before Iran war”