Transportation
Airfares Set to Moderate in Economy Cabin at Least, CEOs Say
- UK is one place where demand is looking particularly weak
- Europe elections may be suppressing people’s travel spend
An economy class aircraft cabin.
Photographer: Leonhard Simon/Getty ImagesThis article is for subscribers only.
After more than a year of eye-watering airfares post-Covid, there’s some good news for fliers this summer, at least for those traveling in economy — prices aren’t expected to go any higher and in fact may moderate.
That was the assessment of many airline chief executives gathered in Dubai this week for IATA’s annual meeting. Several singled out the UK as one place where demand is looking particularly weak.