Airfares are way up compared to last year. Don’t expect it to change this holiday season
EXECUTIVE SUMMARY

US airfares have surged significantly due to rising fuel costs and strong travel demand, with experts warning higher prices will persist through upcoming...

Passengers walk through the terminal at Ronald Reagan Washington National Airport on June 9, 2026, in Arlington, Virginia.

Think you paid a lot to fly this summer? Don’t expect it to get any better this holiday season, or even next year.

The major US airlines reported that fares rose sharply during the July to September period, a result of higher fuel costs and steady demand. US airfares jumped about 25% this summer compared to 2025, according to data from the Consumer Price Index.