Virgin Atlantic hikes flight prices by up to £360 as Iran fuel crisis rages on

Virgin Atlantic hikes flight prices by up to £360 as Iran fuel crisis rages onVirgin Atlantic said failed peace talks between the US and Iran over the weekend 'was not good news' and warned flight prices would be increasing as much as £360CommentsNewsZahra Khaliq News Reporter16:45, 14 Apr 2026Updated 17:08, 14 Apr 2026View 3 ImagesThe airline has increased flight prices(Image: Getty Images)Virgin Atlantic has hiked flight prices by up to £360 amid the ongoing fuel crisis sparked by the Iran war.‌The cost increase comes from an added a fuel surcharge of £50 to economy-class tickets, with premium economy going up by £180 and business class by £360.‌Virgin Atlantic's chief executive Corneel Koster said failed peace talks between the US and Iran over the weekend "was not good news" and warned travellers flight prices would be increasing - potentially by hundreds - in the coming months, and possibly for the rest of the year.‌"We have never seen jet fuel at this level and airlines cannot sustain those sorts of high costs," Koster said.View 3 ImagesVirgin Atlantic's CEO said airlines are struggling to sustain high jet fuel costs(Image: Getty Images)"If the fuel price goes much higher, I think the surcharges may go higher. If they go up in a week and you book in two weeks' time, you'll be paying higher."‌Jet fuel prices have surged following Iran's blockade of the Strait of Hormuz, which came after a joint attack by the US and Israel on February 28 sparked a wider war in the region. Around 20% of the world's oil and gas passes through the crucial shipping route.Mr Koster said Virgin Atlantic's economy class sales are expected to be "relatively weaker" compared to business class as ongoing tensions in the Middle East have contributed to the cost of living, forcing some to drop travel plans altogether.The airline has not ruled out further route cuts if jet fuel costs remain elevated and pass...