29/11/2024
as per IATA
Both domestic and international airfares are lower today than they were in 2015, while they are higher currently than they were in 2019. In spite of airfares exceeding the 2019 level, they have increased by less than both consumer prices and jet fuel prices, meaning that airfares have fallen in real terms.
📢 Over the past decade, have risen slower than consumer prices. When airfares fail to keep pace with , and with jet fuel prices in particular, it means that absorb part of the on their margins rather than passing them fully onto .
👀 This report presents in , , and consumer prices from January 2015 to August 2024. By offering a clear view of historical price changes, it serves as a reference for , , and other .
