The cost of airfare is out of this world.

Airline fares have skyrocketed 2.2% just from last month, according to the Bureau of Labor Statistics (BLS). In fact, prices were up a whopping 26% in June just from the previous year.

The price hikes can be attributed to a few factors: rising fuel costs from the war with Iran, labor and pilot shortages, supply chain bottlenecks and high demand from a red-hot summer. Not to mention, the budget-friendly Spirit Airlines was forced to shut down operations back in May, wiping out one of the largest low-cost carriers.

“Put all that together, higher costs, more people chasing fewer seats with less…

Read the full article at NYPOST.COM