
Your 60-second money minute. Today's topic: Buy Summer Plane Tickets Now
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Jessica Ettinger
With a CNBC you Money minute. I'm Jessica Ettinger. You might want to buy your summer travel plane tickets now. The spike in oil prices has meant a big spike in jet fuel prices and people are looking to get ahead of airfare price increases.
Phil LeBeau
Jet fuel prices have doubled in the last year. Year to date, jet fuel, the price of a gallon has doubled. And any way you slice it, that's going to have an impact on the bottom line for the airlines.
Jessica Ettinger
That's CNBC's Phil LeBeau. Here's CNBC's aviation reporter Leslie Josephs.
Leslie Josephs
What we've heard from airlines is that they're seeing higher demand in the peak period, say the vacations, holidays, and that's when you're going to see big increases.
Jessica Ettinger
And you may remember the old rule that flying on Tuesdays or Wednesdays is the cheapest. Even that's not a sure thing
Leslie Josephs
much anymore. If you're looking for deals, fly on a Tuesday or a Wednesday. But airlines have been kind of careful to lower their capacity then because there's just less demand and they don't want to fly empty planes or half empty planes. But you are more likely to find deals then.
Jessica Ettinger
Keep up on aviation and travel and what you're paying at cnbc. Com. I'm Jessica Ettinger, cnbc.
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Title: Buy Summer Plane Tickets Now
Podcast: Your Money Minute by CNBC
Air Date: March 10, 2026
Host: Jessica Ettinger
Run Time: 60 seconds
This fast-paced episode dives into why now is the time to buy your summer plane tickets. With jet fuel prices surging due to a spike in oil costs, airfares are on the rise. CNBC's experts weigh in on how these shifts affect travelers and share actionable tips to beat price hikes.
“The spike in oil prices has meant a big spike in jet fuel prices and people are looking to get ahead of airfare price increases.” – Jessica Ettinger
“Jet fuel prices have doubled in the last year... that's going to have an impact on the bottom line for the airlines.” – Phil LeBeau
“What we've heard from airlines is that they're seeing higher demand in the peak period, say the vacations, holidays, and that's when you're going to see big increases.” – Leslie Josephs
“Keep up on aviation and travel and what you're paying at cnbc.com.” – Jessica Ettinger