The rollout of Covid-19 vaccines has the airline industry looking toward an “inflection point” when the travel recovery takes off later this year, Skift reports in a recent article entitled “Airlines may actually regain some pricing power this summer” by Edward Russell.
The leading travel and tourism site notes that that the rise in flyers could mean some sky-high fares but, after more than a year stuck at home, travelers may not care.
Americans appear eager to break out after almost a year in their coronavirus pandemic bubbles. Flight searches are up for trips later this year and multiple U.S. airlines predict an “inflection point” for travel at some point later this year that may provide carriers with the flexibility to boost ticket prices, it adds.
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