The US commercial aviation sector is in a highly disrupted phase, and its impacting US airfares. Jet fuel prices have surged due to the Iran war, the collapse of Spirit Airlines has removed one of the country’s most important fare-disciplining carriers from the market, and multiple carriers, like Southwest Airlines, are in the midst of some of the most significant strategic shifts in their history. Add in aircraft delivery delays, changing leisure demand, and airlines getting more disciplined with capacity, and the US market is anything but settled.