United States airlines have been hiking prices as the effective closure of the Strait of Hormuz sends jet fuel prices skyrocketing.
Despite this, airline executives say travellers are still flying.
The price spikes hit just before spring break, after strikes on Iran by the U.S. and Israel, which cut into airline profits.
However, booking trends have been resilient with consumers prioritising travel, leaving executives with a bright outlook for peak summer demand months, which now trail off in August.
In March, travel-agency ticket sales rose 12% year-over-year to US$10.4 billion.
The number of domestic trips rose 5%, and international trips were up 1%, according to the Airlines Reporting Corp (ARC).
Domestic economy ticket prices increased 21% from a year earlier to an average of $570, while premium-set tickets were up 17% to an average of $1,444, ARC data released April 16 shows.
U.S. airlines reported that the Iran war is adding more than U$6 billion and counting to their costs this year.
Many airlines, including American, Southwest and United Airlines, have cut guidance for the rest of the year.
