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Airlines had the perfect conditions for jacking up fares. Then Spirit collapsed

Jet fuel prices nearly doubled. Airlines cut flights. Travelers were still buying tickets. That was...

BUSINESS NEWS May 06, 2026

Airlines had the perfect conditions for jacking up fares. Then Spirit collapsed

Jet fuel prices nearly doubled. Airlines cut flights. Travelers were still buying tickets. That was already a pretty good recipe for higher airfares.

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Jet fuel prices nearly doubled. Airlines cut flights. Travelers were still buying tickets. That was already a pretty good recipe for higher airfares.

Author: CNN

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