Air travel is back, and here's what that means for fares
New study suggest an airline recovery is still on track despite war and rising fuel prices
Fresh numbers from The Adobe Digital Economy Index suggest the airline recovery is still on track, despite Russia's invasion of Ukraine. Last month, domestic flight bookings drove $6.6 billion in online spending, a 6 percent increase from the same period in 2019.
That’s well above what consumers spent during the holidays ($5.5 billion last November and $3.2 billion in December) when concerns over Omicron dampened demand, according to Adobe.
In 2021, domestic flights drove $56 billion in spending online, up 57 percent from 2020 but down 26 percent from 2019.
But how will that affect airfares? The numbers might surprise you.
