Airline trade group CEO: ‘There will be a price increase on your ticket’

Former New Jersey Gov. Chris Sununu (R), the CEO of Airlines for America, said Wednesday that airline ticket prices will increase as jet fuel costs rise.

Sununu told host Blake Burman on NewsNation’s “The Hill” that the cost of jet fuel has doubled since the U.S. and Israel launched the war with Iran. In response to the initial wave of strikes, the Iranian military imposed restrictions on shipping through the Strait of Hormuz, which rocked the global energy industry. 

In March, U.S. airlines spent $5.06 billion on fuel, up more than 56 percent from February, according to the Bureau of Transportation Statistics. 

Sununu, the former Republican governor of New Hampshire, noted that airlines are exploring multiple avenues to avoid passing those higher costs on to customers. That includes increasing baggage fees and cutting flights, which multiple major U.S. carriers have already done. 

“The airlines themselves will lose $12 billion this year, because they’re........

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