local
Air travelers see higher prices despite lower oil costs
By Scripps News Group at KXXV (ABC 25) News
· July 8, 2026
· 1 min read
Oil prices have fallen to levels seen before the Iran war, but airfares have not followed suit.According to Deutsche Bank, airfares are up 15% to 20% from a year ago, while jet fuel prices have fallen 35% since April.The consumer price index put out by the U.S. Bureau of Labor Statistics showed t...
Key takeaway According to Deutsche Bank, airfares are up 15% to 20% from a year ago, while jet fuel prices have fallen 35% since April.
Why this matters in The Waco
For Waco residents planning to travel by air, the current trend of higher airfares despite lower oil costs is particularly concerning. With the summer travel season in full swing, many locals may be looking to book flights for vacations or visits to see family and friends. However, the strong demand and reduced competition in the airline industry are likely to keep prices high. This could have a significant impact on the local economy, as Waco travelers may be forced to allocate more of their budget to airfare, leaving less to spend on other aspects of their trips. Additionally, the increased costs could also affect local businesses that rely on air travel, such as hotels and tourist attractions. As the fall season approaches, Waco residents will be watching to see if airfares decline as experts predict, and if the local airline industry will be able to offer more competitive pricing.
About this story
Original reporting by KXXV (ABC 25) News . The Waco surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KXXV (ABC 25) News . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 8, 2026 ·
Source: KXXV (ABC 25) News ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? Oil prices have fallen to levels seen before the Iran war, but airfares have not followed suit.According to Deutsche Bank, airfares are up 15% to 20% from a year ago, while jet fuel prices have fallen 35% since April.The consumer price index put out by the U.S. Bureau of Labor Statistics showed t...
When was this published? This article was first published on July 8, 2026 by KXXV (ABC 25) News and curated for The Waco readers.
Who reported this story? This story was reported by Scripps News Group at KXXV (ABC 25) News. To learn more about how The Waco selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The Waco, or browse our daily briefing and topic hubs .
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