U.S. Fares Rose 13% In May On Higher Fuel Costs

airplane refueling
Credit: Chalabala / Getty Images
Airfares surged by nearly 13% in May on the back of higher jet fuel prices, extending a streak of monthly price increases that some industry watchers are worried may soon start to eat into travel demand. The average round trip ticket price in the U.S. rose 12.6% in May from April, according to the...

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