Air fares may stay sky-high, say industry experts
Airline industry experts say high air fares may stay in place for some time to come, despite the recent fall in oil prices. – EPA pic, June 10, 2023.
DESPITE the recent fall in oil prices, high air fares may stay in place for some time to come, airline industry professionals and experts say. The gradual return of demand for travel last year following the lifting of Covid-19-related travel restrictions, had already given the signal for higher fares.
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