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Tuesday, 6/30, 04:44 PM
Why Summer Airfares Are High, and Likely to Stay There
- Heading into the July 4 travel weekend, airfares are elevated and likely to stay that way.
- US airline fares are up sharply from a year ago, and the reason isn't just fuel — it's that airlines have learned to hold back seats to protect profits.
- Strong demand does the rest.