Airfares finally started to decline as capacity recovers, still 4% higher than 2019: Forwardkeys

Olivier Ponti, Director of Intelligence & Marketing, Forwardkeys, shared that high airfare posed a significant obstacle recently due to strong demand and limited supply. As capacity returns, airfare is beginning to see a dip, although remaining 4% higher than 2019 levels by the end of April 2024. Despite some fluctuations, the global trend indicates a positive shift.