The worst of the pandemic has faded, nations are becoming more accessible and airlines expect decent profits now that business and leisure travel has returned. Why are airline fares so expensive? Why are they so expensive?
There is no shortage of planes, for one. Travel demand was so low during the pandemic that they were not needed to shut down large parts of their fleets. Now they can't bring them back fast enough - it takes 100 working hours to prepare the biggest jets for service after being parked away.
In some cases, customers may be willing to pay more for tickets after they have been denied the chance to travel, for example, for as long as three years. A Booking.com survey of more than 25,000 adults planning to travel in the next 12 to 24 months revealed that many wanted to be more indulgent with their itineraries to make up for lost opportunities.
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