U.S. airline bookings dropped 17% in April as flights acquired much more costly

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 | ReutersU.S. airline bookings dropped 17% final month from March, in response to a report from Adobe revealed Thursday, one of many first indicators of cooling demand for air journey as ticket costs surpass pre-Covid pandemic ranges.Shoppers spent $7.8 billion on home tickets in April, down 13% from the earlier month, in response to the report.Air journey has been resilient in current months regardless of the best inflation for the reason that early Eighties. Costs on the whole lot from gasoline to groceries to journey have shot up. The brand new information suggests customers are beginning to again off shopping for tickets.Regardless of the slowdown, demand for home U.S. airplane tickets stays above 2019 ranges. In April, on-line spending on tickets was up 23% over the identical month in 2019 whereas bookings rose 5%. Costs had been up 27% from 2019 and eight% larger than in March, Adobe stated.

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