Travel
Flights Are Getting Cheaper as Summer Travel Season Ramps Up
- Ticket prices drop for third straight month as fuel costs fall
- Airlines see unrelenting demand for flights despite inflation
Travelers line up to enter a security checkpoint at San Francisco International Airport.
Photographer: Justin Sullivan/Getty ImagesThe cost of a plane ticket plunged in the early days of the summer travel season, continuing a retreat as airlines benefit from lower jet fuel prices.
US airfares in June fell 8.1% from the prior month, the third consecutive decline and the largest drop since last July, according to figures released on Wednesday by the US Bureau of Labor Statistics. The slide was the second-biggest on a monthly basis since April 2020, when airlines saw travel demand evaporate during the onset of the pandemic.