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The Indicator from Planet Money

Your next flight doesn't have to be so expensive. Here's why

NPR· Mar 25, 2026· 9m 25s

Why are flight tickets so expensive right now? Increased oil prices seems like it’d be the obvious answer. That’s mostly right. Airlines used to do some financial magic to help keep airfare down as oil prices increased, a strategy called “fuel hedging.” But they stopped. And now fliers are on the hook for a lot of the difference. On today’s show, the lost art of fuel hedging. How it worked, plus why airlines stopped doing it. Come see Planet Money live on stage in April! 12 cities. Details and t

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Your next flight doesn't have to be so expensive. Here's why

🇬🇧English🇬🇧English
Sample transcript — click Live captions above to run Whisper on the actual audio in your browser.
  1. Welcome to the program. I'm your host.

    Welcome to the program. I'm your host.

    0:00
  2. Today we look at the major stories shaping the news cycle.

    Today we look at the major stories shaping the news cycle.

    0:04
  3. We start in Europe, where leaders met in Brussels.

    We start in Europe, where leaders met in Brussels.

    0:09
  4. The summit focused on energy policy and migration.

    The summit focused on energy policy and migration.

    0:14
  5. Reporting from the ground, our correspondent has more.

    Reporting from the ground, our correspondent has more.

    0:19
  6. Thank you. The mood here was tense but constructive.

    Thank you. The mood here was tense but constructive.

    0:24