Airline industry faces a shake-up as jet fuel hits hard - Axios

Surging jet fuel costs are triggering an industry shakeup that could widen the gap between financially strong carriers and weaker rivals. Allegiant's acquisition of Sun Country — and its CEO's claim that leisure demand remains robust despite higher fuel — shows low-cost leisure carriers are consolidating to protect margins. This dynamic could accelerate fare increases and prompt carriers to realign networks toward more profitable domestic markets.