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Airlines raise fares 23% as jet fuel costs surge and planes fly emptier

Major U.S. carriers are charging higher ticket prices and accepting lower seat occupancy as jet fuel costs have risen sharply since the Iran conflict began, with fuel now a far larger share of operating expenses.

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Major U.S. carriers are charging higher ticket prices and accepting lower seat occupancy as jet fuel costs have risen sharply since the Iran conflict began, with fuel now a far larger share of operating expenses.

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