Why summer airfare just got more expensive—and what airlines aren’t telling you
Summer airfare is climbing fast as jet fuel prices spike 82 percent over the Iran conflict. Here’s what airlines aren’t telling you—and how to protect your trip.
Summer airfare is climbing fast as jet fuel prices spike 82 percent over the Iran conflict. Here’s what airlines aren’t telling you—and how to protect your trip.
The Association of Value Airlines, representing Spirit, Frontier, and Allegiant, is asking Congress to suspend the 7.5 percent federal excise tax on domestic tickets and the $5.30 per-segment fee, citing the jet fuel crisis following the Iran war. On a typical $369 roundtrip fare, passengers already pay roughly $47 in mandatory taxes and fees, inflating ticket prices by about 13 percent. Without a requirement to pass savings to consumers, any tax holiday would function as a corporate subsidy rather than traveler relief.