1 of 1
Story summary
- Spirit Airlines shut down on 2 May, stranding travelers.
- Blackmore’s $500 Spirit ticket was replaced by an $800 Southwest ticket with a checked bag.
- U.S. oil prices rose over 30%, pushing gasoline to $4.56 per gallon and above $6 in some states.
- Domestic airfares rose 18% and international fares 7.5% versus a year ago.
- Lufthansa will cut 20,000 flights, prompting travel agents to advise buying 10-12% cancel-any-reason insurance.
