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Three months ago, U.S. airfares were up 2.2% year over year. Background-noise inflation. The kind of figure you scroll past on your way to the sports page. Then the war started, jet fuel went vertical, and the airlines started repricing every seat in the cabin. Tuesday’s CPI report clocked it… airfares jumped 20.7% over twelve months, and another 2.8% in April alone. That summer trip to see the grandkids? Same flight you booked last June now costs you roughly a fifth more. The seat didn’t change. The world did.
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