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Lsut81
Chicago Cubs Fan
Member since Jun 2005
76846 posts

Airfare 33% higher YOY

quote:

Airfares jumped 18.6 percent from March to April, according to data released Wednesday by the Labor Department, the largest month-over-month increase for plane tickets on record. The huge jump comes after airfares increased 10.7 percent from February to March. Overall, flights were 33.3 percent more expensive than they were in April of last year.

Airlines point to rising fuel costs and a surge in demand for summer flights as the driving forces behind airfare hikes. Several of the nation’s leading airlines reduced their flight schedules in the coming months to dampen the impact of higher fuel prices, keep airfares elevated and limit potential delays and cancellations.



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LSUfan4444
LSU Fan
Mandeville
Member since Mar 2004
49480 posts

quote:

Airlines point to rising fuel costs and a surge in demand for summer flights as the driving forces behind airfare hikes.


I'm sure the Billions they lost during COVID has nothing to do with it. Sadly, these price hikes are like baggage fees. Now that they are here, they aren't going anywhere. This is the new norm.


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