Everything is costing more in Joe Biden’s America.
Airline fares have jumped 37.8% according to the Labor Department.
Transportation services inflation rose 7.9% in May year over year, led by a 37.8% jump in airline fares, Labor Department statistics released Friday show.
Airlines are passing on rising oil prices to passengers through higher fares relatively quickly, but the spike in energy costs will worsen the industry’s overall outlook in 2022, according to the head of the International Air Transport Association (IATA).
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