Bangladesh, Sept. 15 -- Some executives say fares could remain elevated even after fuel prices eventually decline.

"Labor costs have escalated dramatically. Maintenance is off the charts in terms of escalation. And those are all costs that every single airline pays the same," United CEO Scott Kirby said during a recent earnings call.

Combined with steady consumer demand despite steeper prices, airline leaders expect to retain pricing power at least through the end of 2026, if not longer.

United has said it will pay about USD 6 billion more for fuel this year than planned. American Airlines has projected a similar increase, a jump of more than 50% compared to 2025, with the added cost passed on to travelers through higher fares.

Fuel ...