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Airfares have surged due to several factors: Boeing's safety and reliability issues with the 737 and 787 models have led to a backlog in aircraft deliveries. Airlines are also facing significant personnel shortages, particularly among pilots, mechanics, and ground staff. As a result, airlines are operating smaller schedules compared to pre-COVID levels. Despite a higher travel demand than in 2019, the reduced number of available seats has created a shortage in supply. Consequently, the imbalance between intense demand and limited supply has driven airfares significantly higher.