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Airfares likely to dip in coming months: Centre for Asia Pacific Aviation

Airlines are unlikely to continue with the current high fare levels and fares are expected to moderate significantly in the coming months, according to aviation consultancy firm, Centre for Asia Pacific Aviation (CAPA). In its outlook for FY 2023, CAPA said that the impact of higher fares on demand has become visible in the past three months with traffic recovery slowing down.

Airlines are unlikely to continue with the current high fare levels and fares are expected to moderate significantly in the coming months, according to aviation consultancy firm, Centre for Asia Pacific Aviation (CAPA). In its outlook for FY 2023, CAPA said that the impact of higher fares on demand has become visible in the past three months with traffic recovery slowing down. from Times of India https://ift.tt/PtOnLKS
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