Inflation's Latest Victim Is Your Next Vacation, Look What's Happening To Air Travel

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Leslie Josephs from CNBC reports, Airfare is surging as higher fuel prices and strong travel demand drive up the cost of flights. Consumers spent $8.8 billion on domestic U.S. airline tickets last month, up 28% compared with March 2019, before the pandemic, while fares surged 20%, according to data from the Adobe Digital Economy Index that was published Tuesday.

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