U.S. airfares up 23.4% as Spirit ceases operations after DOJ blocks merger
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U.S. airfares rose 23.4% in the past year according to Labor Department data analyzed by the U.S. Travel Association, and Spirit Airlines ceased operations after the Justice Department blocked its merger with JetBlue.
Frontier now shares more than 100 routes with the former Spirit network, giving it greater pricing power; American Airlines will raise the share of premium seats on its single‑aisle aircraft from about 25% to 40%; IATA projects jet fuel to average $152 per barrel in 2026, up from $90 in 2025; and the global airline industry bill is expected to grow nearly 40%, from $252 billion to $350 billion.