Delta CEO Ed Bastian Reveals What He Says Must Happen for Airline Ticket Prices to Fall
Bastian said fares will ease only when airlines can add more flights, citing a $2 billion hit from higher energy costs and congested air traffic.
10 Articles
10 Articles
Delta CEO Ed Bastian reveals what must happen for airline ticket prices to fall
As American travelers feel the pinch of inflation and elevated airline costs, Delta Air Lines CEO Ed Bastian revealed exactly what it will take for ticket prices to decline, pointing directly to a lack of market supply rather than solely fluctuating fuel costs.
The peace announced in the Middle East revives the question of the cost of travel: will the prices of airline tickets finally fall? Despite the reduction of the risk on the energy supply, the airlines remain cautious. After the agreement between Washington and Tehran, signed last week in Versailles according to Le Figaro, the air market is closely observing the evolution of the Strait of Ormuz. This strategic passage for oil and gas had raised f…
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