Holiday airfares reach 10-year high as jet fuel costs spike. Here's how to save on flights.

September 28, 2026 / 5:30 PM EDT / CBS News

Holiday airfares reach 10-year high as jet fuel costs spike. Here's how to save on flights.

TL;DR

  • Domestic airfares for Thanksgiving are averaging $402, up $95 from last year, and Christmas flights are averaging $452, up $85.
  • Jet fuel costs have doubled due to the Iran war, contributing to 10-year high airfares.
  • Airlines are offsetting increased fuel costs by hiking fares, adding surcharges, and cutting routes.
  • Travelers are advised to book flights before Halloween for both Thanksgiving and Christmas to avoid price spikes.
  • Flying on off-peak days, such as before Thanksgiving and avoiding the Sunday after Christmas, can save money.