https://www.wsj.com/business/airlines/airfares-have-doubled-on-some-flights-the-sticker-shock-for-spring-travel-is-upon-us-c4b2acde
The U.S. war with Iran is testing the limits of how much airlines can raise fares without puncturing demand.
Average ticket prices were rising before the conflict and since then airlines have boosted prices even more. The sticker shock some fliers are experiencing is particularly acute for trans-Atlantic and Caribbean routes, as well as some last-minute flights, according to a new report from Deutsche Bank.
Among nine U.S. carriers, Spirit Airlines had the steepest week-over-week increase in fares for domestic flights booked 21 days in advance, the report said. The lowest listed price for one-way flights more than doubled from the prior week to $193, according to the report, which reflected a snapshot of bookings from March 6.
For other major airlines including United Airlines and Delta Air Lines*,** prices on domestic flights booked in advance increased between 15% and 57%.*
Among domestic routes, fares on transcontinental flights had the biggest price jump across airlines. Prices for one-way flights booked more than three weeks in advance more than doubled from the prior week.
I believe the Donald may have cancelled my spring trip this year.