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Articles tagged “airfares”

Tourism

More Than Half of Americans Plan Labor Day Travel

High gas prices and inflation haven't dented travel demand for Labor Day weekend because Americans have dealt with economic turbulence long enough to know how much they can set aside for travel.

Rashaad Jorden | 2 years ago

More Than Half of Americans Plan Labor Day Travel

News Blog

U.S. Airfares Are Priced Fairly Relative to the Alternative of Driving, Says Analyst

Nerds, take comfort. Experts say that the "time value" of flying is still higher than it is for driving — suggesting that airfares aren't too outrageously high. Many Americans are complaining about the price of airfares today. But if one looks at U.S. government data on the consumer prices paid by urban consumers for U.S.…

Sean O'Neill | 2 years ago

Tourism

More U.S. Travelers Plan to Travel 4th of July Weekend With ‘Nearcations’ on Rise

Following Memorial Day Weekend, Americans are still planning to travel during the next major U.S. summer holiday, but with more careful planning and sentiment stability about rising fuel prices.

Mary Ann Ha | 2 years ago

More U.S. Travelers Plan to Travel 4th of July Weekend With ‘Nearcations’ on Rise

News Blog

U.S. Airfares Drop For First Time in 2022

The steady runup in ticket prices for flights in the U.S. this year appears to have come to an end. New data from Hopper found that average domestic fares have fallen by $20 to $390 since mid-May. "Demand for domestic travel, which has been surging since late January also slowed in May, plateauing in line…

Edward Russell | 2 years ago

Airlines

Asia’s Jet Fuel Prices Continue to Soar Along With Travel Demand

Don't bet on airfares coming back to Earth any time soon.

Koustav Samanta, Reuters | 2 years ago

Asia’s Jet Fuel Prices Continue to Soar Along With Travel Demand

News Blog

U.S. Airfares Up More Than a Third This Summer

We've said it once and we'll say it again: air travel is pricey this summer, and getting pricier. Cowen & Co. analyst Helane Becker estimated in a report Friday that U.S. airfares are up roughly 34 percent compared to to last year. That's a big jump and likely to climb higher as airlines continue to…

Edward Russell | 2 years ago

Tourism

U.S. Travelers More Concerned About Costs Than Covid for First Time Since Pandemic

Americans are now saying that financial factors trump health and safety worries when it comes to travel decision-making. While some are staying home because they can't afford it, those determined to travel are finding ways to work around higher prices.

Mary Ann Ha | 2 years ago

U.S. Travelers More Concerned About Costs Than Covid for First Time Since Pandemic

News Blog

U.S. Airfares Have Highest One-Month Increase in History

From the Financial Times this morning: Airfares rose by 18.6 per cent in April from the previous month, the largest one-month increase in the history of the Consumer Price Index, according to the US Bureau of Labor Statistics. On a yearly basis, the airline fares index was up 33.3 per cent, the largest one-year increase since…

Sean O'Neill | 2 years ago

Airlines

Dubai Airport CEO Expects Pre-Covid Traffic Levels by 2024

As Dubai Airport gears up to reach pre-pandemic levels, CEO Paul Griffiths expects oil prices and inflation to drive up airfares. However, he is confident that demand would remain undented.

Alexander Cornwell, Reuters | 2 years ago

Dubai Airport CEO Expects Pre-Covid Traffic Levels by 2024

Airlines

Daily Podcast: U.S. Airfare Prices Pass Pre-Pandemic Highs

Good morning from Skift. It's Tuesday, April 18, in New York City. Here's what you need to know about the business of travel today.

Rashaad Jorden | 2 years ago

Daily Podcast: U.S. Airfare Prices Pass Pre-Pandemic Highs