Airline Ticket Sales Down in April, Airfares Are Up

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May 15. It’s not hard to imagine that airline ticket sales would be down in the month of April compared to March, especially when March is traditionally a huge travel month thanks to spring break in college and spring vacations in elementary, middle and high schools.

But it’s also not hard to imagine that the decrease has something to do with rising airfares.

San Jose, Calif.-based Adobe measured direct consumer transactions from six of the top 10 U.S. airlines and more than 150 billion web visits, and found that domestic flight bookings in April totaled $7.8 billion – down $1 billion from March.

Adobe data found that airfares were up 27 percent from 2019 level. That’s on par with most other findings. According to a CNBC story, airfares are up 25 percent this year, including 18.6 percent just in April alone according to Bureau of Labor Statistics.

Still, as Adobe’s Pandya said, summer will likely carry the industry to new heights. CNBC quoted a Bank of America Institute survey that revealed spending directly with airlines and through travel agencies was up 60 percent compared to last year as pent-up demand pervades, the mask mandate has been eliminated and restrictions have been lifted.

Source: Travel Pulse

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123000cookie-checkAirline Ticket Sales Down in April, Airfares Are Up