The days of cheap flights are over – Comment – Economy

If you last asked around in the aviation industry about the economic prospects for 2023, the forecasts were surprisingly positive. Lufthansa significantly raised its profit forecast for 2022 and emphasized that advance bookings will continue to be strong in the coming months and that prices will be correspondingly high. Willie Walsh, chief of the International Air Transport Association (IATA), believes IATA member managers “shouldn’t worry too much”.