Why NZ and global airfares have taken off

Airlines had 'misdiagnosed' demand. (Image: Depositphotos)

Mon, 15 May 2023

The slow return of global airlines to full capacity reflects an initial hesitancy to get international fleets airborne and many have now been caught flat-footed by resurgent global travel. Lufthansa Consulting, an airline advisory division of German airline Lufthansa, said this has had the impact of keeping the number of available seats at suboptimal levels. The company suggests it’s also a root cause of significant recent jumps in ticket prices, along with inflationary cost pressure.That’s as the latest International Air...

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