While budget travel doesn’t have to be a thing of the past, it’s hard not to wonder why it seems like all flights are so expensive right now. Travel isn’t immune to the skyrocketing inflation that’s moving at its fastest pace since 1981, in large part because of elevated, but lowering, gas prices. So unless you consider renting an electric vehicle for a road trip, transportation is pricey.
There are a lot of factors that go into more expensive flights. These are the ones most impacting the prices you’ve been seeing (and will continue to see in the short term).