Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTBadar ShaikhFri, June 26, 2026 at 12:01 AM GMT+2 7 min readBenzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.It could be a while before airline fares drop despite a decline in oil prices following the Iran agreement and it all has to do with the demand, according to GasBuddy analyst Patrick De Haan.Airlines Could Drop FaresQuoting a post by a user on X on Wednesday, De Haan said that airlines had optimized their capacity due to "high fuel prices/summer," adding that he expects a handful of deals for "less utilized routes."De Haan said that a "full drop in fares" was difficult, at least until demand dropped sometime in August, but "moreso in the fall when there will be way more capacity than demand."airlines trimmed/optimized capacity for high fuel prices/summer, so I'd expect a only few deals to pop up on less utilized routes, but not a full drop in fares until demand drops (mid/late August) but moreso in the fall when there will be way more capacity than demand https://t.co/t9AsZmEcCM— Patrick De Haan (@GasBuddyGuy) June 24, 2026Don't Miss:The Average Family's Finances Are More Complicated Than Ever. These Tools Aim To Make Them Easier To Manage.Think Your 'Safe' Stocks Protect You? You're Ignoring the Real Growth Triggers — Here's What to Add NowIn the same thread, De Haan also described how steep domestic flight fares were compared to international flights. The analyst said that it would be cheaper to fly from Chicago's O'Hare International Airport to Naples in Italy when compared to flying from Newark to Florida."Prices have dropped from over $1200 to under $800," De Haan said, sharing prices of international flights to Italy from the U.S.cheaper going O'Hare to Italy then Newark to MN and FL… prices have dropped from over $1200 to under $800: pic.twitter.com/l3NSOCSMJA— Patrick De Haan (@GasBuddyGuy) June 24, 2026Airfares And Iran WarAnalysts have echoed similar comments on airfares, saying that prices may not go down soon because operators did not have enough incentive to lower prices due to strong demand.Experts have also suggested that airline ticket prices have been shaped by the recent collapse of Spirit Aviation Holdings Inc. in May, which removed a source of cheaper tickets for flyers.Trending: Caught With Nothing Saved for Retirement? These 5 Game‑Changing Tips Could Still Save YouThe uncertainty around the Strait of Hormuz has also resulted in Shipping costs surging. Data suggests that the market average cost of shipping a 40-ft container from the Far East to the U.S. West Coast was recently at $4,047.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info