Americans making summer vacation planes are about to find airfare costs are near or even above pre-pandemic levels, according to the nation’s major airlines.
Executives from most of the major carriers said the recovery in domestic leisure travel is already here. That means yields, which measure how much passengers pay for every mile traveled, are up more than the airlines had been forecasting.
”Domestic leisure travel will be 100% restored by June, with … bookings ahead of 2019 levels and yields essentially recovered” said Glen Hauenstein, president of Delta Air Lines (DAL), speaking at the Wolfe Research conference.
The airlines are being cautions about bringing back to much supply of flights too quickly, especially since the leisure fares booked well in advance of travel are not as lucrative as the business travel booked at the last minutes.
Business travel and international travel have yet to come back, although airlines said they’re seeing signs of a future recovery there as well.
出張や海外旅行はまだ戻っていないが、航空会社はそこでも将来の回復の兆しを見ていると述べた。
出張や海外旅行と言った、すごく儲かるフライトはまだ実際には戻っていない。
でも、航空会社はそれらの需要についても、回復の兆しは見えてきたと言っています。
United (UAL), which is due to speak at the conference later in the day, said in a filing that overall yields on tickets booked this month for travel in May and June are already near 2019 levels.