Dirt-Cheap Flights on Sale as Covid-Hit Airlines Take on Rivals
Bloomberg 3/10/2021 Angus Whitley
(Bloomberg) Dirt-cheap fares are popping up from airlines brave enough to expand or start out amid the Covid crisis, as they try to eke out sales and get a jump on competitors that have pared back operations.
Airlines worldwide cut $1 billion of expenses a day last year to cope with the slump in passengers, and that’s given them some wiggle room to lower ticket prices. More broadly, cost savings are emerging for carriers as unwanted planes become available on the cheap. Thousands of laid off flight crew are also eager for work, allowing some airlines to go on hiring sprees.
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