Why flights are so expensive and will likely stay that way

Domestic airfares in the United States experienced a significant increase, with fares in June up 26.5% compared with the prior year, according to federal data. Major airline carriers reported to Wall Street analysts that they anticipate maintaining elevated pricing power through the rest of the year and potentially beyond, as consumers continue booking travel despite the higher fares. Southwest Airlines’ average one-way fare reached $225.61 in the second quarter, compared with $186.65 dur