Soaring Airfares Are About to Ruin Your Summer Vacation Plans

Travelers hoping for a return to more moderate long-haul airfares this summer are in for a rude awakening.

Ticket prices on major routes connecting Asia and Europe have surged up to 560% this month and are likely to stay elevated through the summer and into fall as war-related disruptions ripple through the Persian Gulf, the world’s busiest transit corridor, according to Alton Aviation Consultancy.