More Bidenomics: Airfares sky-high

(Undated) — Your next flight will likely cost more than you expect. Data from the Adobe Digital Economy Index published Tuesday shows fares have surged 20 percent compared with March of 2019. In that same time, bookings only rose roughly 12-percent. Some of the reasons for the surge are the stronger demand plus a surge in the cost of Jet Fuel, which Platts says has risen close to 50 percent since the start of the year.