For all the news that the Hudson Valley is sharing, make sure to follow Hudson Valley Post on Facebook, and download the Hudson Valley Post Mobile AppFuel costs spiked that increase. Fuel prices rose around 80 percent year-over-year earlier due to the conflict in Iran. Bastian said during a recent earnings call that even if fuel prices drop, ticket prices will remain at their current level. New Baseline For FlightsMegan Varner, Getty Images Megan Varner, Getty ImagesHe says that jet fuel is only one of the many aspects of running an airline. So these current prices are not a temporary spike; for New Yorkers trying to save money, the increase is the new baseline or the "new normal."