Airfares in Europe and Asia are leveling off or dropping post-COVID, indicating a slowdown.

From Investing.com: 2024-05-28 01:15:33

Airfares in Europe and Asia are starting to plateau or drop, signaling a slowdown in post-COVID travel boom. Fares in the Asia-Pacific region have decreased the most, around 16% in Jan-April. Singapore Airlines expects passenger yields to moderate as airlines increase capacity. Economists note price sensitivity among European consumers. American travel spending remains strong.



Read more at Investing.com: Analysis-Airfares peaking as travellers in Europe, Asia seek savings By Reuters