Airplane tickets up almost 20% from one month ago

InflationMoney Matters
Written By Jennifer Joslyn
A passport and an airline ticket sit stacked on a table.

Photo by Nicole Geri on Unsplash

Between March and April 2022, airfares jumped almost 20%. According to the report released Wednesday by the Labor Department, this makes this leap the largest monthly increase for plane tickets, ever. Experts believe this may be largely due to a significant surge in demand for flights this summer.

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