{"id":2957,"date":"2026-07-08T16:06:18","date_gmt":"2026-07-08T16:06:18","guid":{"rendered":"https:\/\/arizonamovinginsider.com\/?p=2957"},"modified":"2026-07-08T16:06:18","modified_gmt":"2026-07-08T16:06:18","slug":"air-travelers-see-higher-prices-despite-lower-oil-costs","status":"publish","type":"post","link":"https:\/\/arizonamovinginsider.com\/?p=2957","title":{"rendered":"Air travelers see higher prices despite lower oil costs"},"content":{"rendered":"<div>\n<div>\n<div>\n<p>Oil prices have fallen to levels seen before the Iran war, but airfares have not followed suit.<\/p>\n<p>Read more <a href=\"https:\/\/arizonamovinginsider.com\/?p=2955\">Prosecutors say video shows Charlie Kirk murder suspect at scene of the crime<\/a><\/p>\n<p>According to Deutsche Bank, airfares are up 15% to 20% from a year ago, while jet fuel prices have fallen 35% since April.<\/p>\n<p>The consumer price index put out by the U.S. Bureau of Labor Statistics showed that airfare increased by over 29% between November and May.<\/p>\n<p><b>RELATED STORY | <\/b><b>Summer airfare prices spike 30% as jet fuel costs soar after Iran war<\/b><\/p>\n<p>Two factors are keeping flight prices high: strong demand and reduced competition following Spirit Airlines\u2019 bankruptcy.<\/p>\n<p>Read more <a href=\"https:\/\/arizonamovinginsider.com\/?p=2953\">Wildlife World Zoo offers flume rides &amp; exotic animal encounters in the West Valley<\/a><\/p>\n<p>Shares of Delta Air Lines and United Airlines reached record highs last month, while American Airlines shares rose 30%.<\/p>\n<p>Experts say airfares typically decline in the fall, although prices are likely to remain higher than they were a year ago.<\/p>\n<p><b>RELATED STORY | <\/b><b>US airlines lost close to $1 billion last quarter as Iran war sends costs higher<\/b><\/p>\n<p>Read more <a href=\"https:\/\/arizonamovinginsider.com\/?p=2951\">Valley district holds pared-down budget meeting without general public comment after police warrants<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Airfares remain high despite falling fuel costs, helping major airlines post strong profits and push airline stocks higher.<\/p>\n","protected":false},"author":1,"featured_media":2956,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[],"class_list":["post-2957","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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