Airlines spike prices during evacuation from Irma

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(CBS News) As Hurricane Irma approaches Florida, residents are filling up or flying out of the state. Florida law prohibits extreme price hikes for commodities such as food, water, hotels, and lumber in the event of a potentially catastrophic storm, but it does not cover airlines tickets. This decision is up to federal regulators. Some people are shocked at what they’re calling price gouging.

On the other hand, some airlines are taking a different approach. JetBlue, based out of New York, says it’s capping fares out of Florida at $99 and waiving fees for changing or cancelling a flight. American Airlines has announced a similar fare cap for evacuees. Delta has also lowered some of its highest airfares after customers complained, Yahoo reported.

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