Air travel costs have been on a roller coaster since 2020. After “revenge travel” drove ticket prices to record highs in the post-pandemic rebound, airlines rapidly expanded their routes and seat capacity. But as travel demand cooled and fares plummeted, carriers had to rethink their strategies.
Air travel costs have been on a roller coaster since 2020. After “revenge travel” drove ticket prices to record highs in the post-pandemic rebound, airlines rapidly expanded their routes and seat capacity. But as travel demand cooled and fares plummeted, carriers had to rethink their strategies.Read more…