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Global Airline Capacity Is Seen Rising in 2022, Along With Fares

  • Carriers poised to return to 2015 level, U.K. consultancy says
  • Ticket prices to be affected by labor, debt, other factors
Passengers watch inflight entertainment during a flight from Los Angeles International Airport.

Passengers watch inflight entertainment during a flight from Los Angeles International Airport.

Photographer: Patrick T. Fallon/Bloomberg

A rebound in global airline capacity should accelerate in the second half of next year, but trans-Atlantic traffic likely won’t return to pre-pandemic levels until 2023, according to an aviation consulting firm.

Additionally, airfares are poised to rise significantly next year, owing to higher costs from labor and addressing environmental issues, “plus the need for airlines to rebuild their balance sheets,” said Richard Evans, a senior consultant at Cirium. The U.K. firm released its 2022 aviation forecast on Wednesday.