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Analysis-Airfares peaking as travellers in Europe, Asia seek savings

Airfares in Europe and Asia are starting to plateau or fall in a sign that a prolonged post-COVID travel boom is waning, delivering a setback for airlines struggling with higher costs and limited aircraft availability. Budget carrier Ryanair's CEO Michael O'Leary this month warned ticket prices would grow less than expected, sending European airline shares down. "It is a bit surprising that pricing hasn't been stronger and we're not quite sure whether that's just consumer sentiment or recessionary feel around Europe," O'Leary said.

United statesLisa barringtonRonald lamJoanna plucinskaJane merrimanRajesh kumar singhDoyinsola oladipoJamie lindsayNatalia lechmanovaMichael olearySingapore airlinesEuropean travel commissionFlight centre travel groupMastercard economics instituteRajesh kumarHong kong based cathay pacific

Analysis-Airfares Peaking as Travellers in Europe, Asia Seek Savings

Analysis-Airfares Peaking as Travellers in Europe, Asia Seek Savings
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United statesUnited kingdomCity ofJane merrimanJamie lindsayLisa barringtonNatalia lechmanovaMichael olearyRajesh kumar singhDoyinsola oladipoJoanna plucinskaRonald lamMastercard economics instituteFlight centre travel groupSingapore airlinesEuropean travel commission

Analysis: Airfares peaking as travelers in Europe, Asia seek savings

Analysis: Airfares peaking as travelers in Europe, Asia seek savings
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United statesUnited kingdomCity ofBoris johnsonMichael olearyRonald lamNatalia lechmanovaJamie lindsayCathay pacificSingapore airlinesFlight centre travel groupEuropean travel commissionMastercard economics instituteHeathrow airportBritish prime minister boris johnsonFile photo

Airfares peak as consumers in Europe, Asia seek savings

Airfares peak as consumers in Europe, Asia seek savings
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United statesMichael olearyNatalia lechmanovaRonald lamJamie lindsayFlight centre travel groupMastercard economics instituteEuropean travel commissionSingapore airlinesMichaelo learyHong kong based cathay pacificCentre travel groupMastercard economics

Airfares plateau as European, Asian travelers seek savings

Airfares in Europe and Asia are beginning to level off or decrease, indicating that the extended post-COVID-19 travel boom is diminishing, posing a.

United statesNatalia lechmanovaRonald lamJamie lindsayMichael olearyMastercard economics instituteEuropean travel commissionSingapore airlinesFlight centre travel groupHong kong based cathay pacificCentre travel groupMastercard economics