Strong demand, fewer budget airlines keep airfares elevated
Strong demand, fewer budget airlines keep airfares elevated Plane tickets continue to cost significantly more than they did a year ago, even as one of the airline industry's biggest expenses has started to decline. New data from Airlines Reporting Corporation shows the average airfare purchased through travel agencies in May was 18% higher than during the same month last year. Analysts say several factors are keeping prices elevated, including strong […]
