Recent consumer price data released by the federal government showed that the price of plane tickets had risen 10.7% between February and March on a seasonally adjusted basis. Those higher prices aren’t scaring people away.
More people are taking to the skies than at any point since the start of the COVID-19 pandemic. And it’s costing them more as a result.
Over the past weekend, more than 4.1 million people traveled through U.S. airports, according to data released by the Transportation Security Administration. That’s down less than 6% from the same time period in 2019. The difference this year could be whether or not airlines can handle the influx of travelers. Some travel experts have suggested 2022 will see an uptick in “revenge” travel as people look to make up for lost time amid the pandemic. A study from NerdWallet suggests that 70% of Americans are planning to take a leisure trip over the next year, and nearly half of people plan to take two or more trips in that time frame.
How the end of the mask mandate will affect demand Travel experts anticipate that the elimination of the mask mandate for domestic flights won’t have a significant impact on travelers’ interest in flying.
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