A Southwest Airways plane taxis as an American Airways plane lands at Reagan Nationwide Airport in Arlington, Virginia, U.S., January 24, 2022.
Joshua Roberts | Reuters
U.S. airline bookings dropped 17% final month from March, in line with a report from Adobe printed Thursday, one of many first indicators of cooling demand for air journey as ticket costs surpass pre-pandemic ranges.
Customers spent $7.8 billion on home tickets in April, down 13% from the earlier month, in line with the report.
Air journey has been resilient in latest months regardless of the best inflation because the early Nineteen Eighties. Costs on every little thing from gasoline to groceries to journey have shot up. The brand new knowledge suggests customers are beginning to again off shopping for tickets.
Regardless of the slowdown, demand for home U.S. aircraft tickets stays above 2019 ranges. In April, on-line spending on tickets was up 23% over the identical month of 2019 whereas bookings have been up 5%. Costs have been up 27% from 2019 and eight% increased than in March, Adobe mentioned.