Qatar Airways maintains fares despite 90% surge in jet fuel prices

Jet fuel prices have increased by around 90% since the start of the year, but Qatar Airways has not yet passed the higher fuel costs on to passengers.

Qatar Airways Group CEO Hamad Ali Al-Khater discussed the impact of rising oil and jet fuel prices on the airline industry during an interview with Bloomberg TV at the Qatar Economic Forum in New York.

Qatar Airways Focuses on Fuel Efficiency

Al-Khater said jet fuel is currently around $182 per barrel, representing an increase of approximately 90% from February 28, 2026, when the Iran-US conflict began.

He said Qatar Airways has a dedicated team focused on fuel optimisation and operational efficiency to help manage the impact of higher fuel prices.

Qatar Airways is also reviewing its network based on the profitability and demand of individual routes.

According to Al-Khater, the airline is temporarily suspending or pausing less profitable routes while increasing its focus on routes with stronger demand.

This strategy allows the airline to maintain its existing slots and retain its loyal customer base while responding to changing market conditions.

Passengers Are Booking Flights Later

Al-Khater said passenger booking patterns have changed significantly, with around 75% of travellers now booking their flights within 60 days of departure.

Despite the shorter booking window, he said overall travel demand remains strong.

"We are not passing on that cost to our customers at this stage of time," Al-Khater said.

He added that Qatar Airways is focusing on the most profitable routes while temporarily pausing less profitable services until demand improves.

Qatar Airways Plans Network Expansion

Despite the challenges created by higher fuel costs and changing booking behaviour, Qatar Airways continues to plan for network growth.

The airline is preparing to expand its network to more than 170 destinations, reflecting its continued focus on international connectivity.

Al-Khater said the airline's demand-driven approach has helped maintain a resilient outlook, with people continuing to travel despite passengers booking closer to their departure dates.

Strong Travel Demand Continues

Qatar Airways' current strategy combines fuel efficiency, route optimisation and network expansion as the airline navigates higher operating costs.

While jet fuel prices remain elevated, the airline has so far chosen not to directly pass those additional costs on to passengers, while continuing to monitor demand and route profitability.