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Why are one-way airline fares so expensive?

So I'm in need of a one-way airline ticket back home to Detroit for Pesach. (Yes, there is a story; coming soon.) I started looking online, and what I'm finding is strange.

I'd heard that one-way fares were very expensive, but I didn't think it would be this severe. Take, for example, a one-way ticket on Spirit on 4/11:

One way: $300.80

But that one leg as part of a two-way ticket?

Two ways: $187.10

Is there a good reason to not just book a two-way ticket and fail to show up for the return leg?

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Comments

No reason at all, as long as you do it in that order. If you fail to show up for the first leg they'll almost always cancel the second.

What I've found is that Southwest has some of the best one-way fares in the industry - be sure to check them out.
P.S. Can't wait to see you!

Well, except for the fact that Southwest doesn't fly from NYC to Detroit...

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