Airfare seems to have come down lately

A Delta Comfort+ fare for January that I’ve been tracking for a few weeks went down $100 yesterday morning. I jokingly told my husband that it must be the Prime Day competition. When I checked back later in the day it had gone back up to what I had been seeing. Argh. Jump when you see it.

Saw a story on Bloomberg this morning confirming these anecdotes - airfares have peaked and dropped a bit, even for travel still being booked for later this summer.

Very interesting ! Thanks for sharing. Wish I had somewhere to go to take advantage !

Kim, Paris, maybe? Hmmm, guess not.

I noticed several airfares for my December trip have come down several hundred dollars vs 2 months ago. I'll probably buy in 2 more weeks.

Looking ahead for next year in late May/early June the prices into London are very, very high. The window of course has just opened up for these days, but American has main cabin starting around $1,600. return from the midwest. Way too much. I will track and monitor and buy if and when they become more reasonable. I need to buy four tickets for a wedding.

I was looking at airfare roundtrip non-stop SF-Paris in economy for this Oct just a few days ago and couldn’t find anything under $1550. We paid $800 last Oct on Delta/Air France.

I do not believe that airfare has come down much or that a downward price change is somehow a sign that inflation pressure has eased off. Fleet size, pilot numbers, FAA caused slot reductions, current capacity, plus increasing demand are driving prices. Prices are still relatively higher with any movement down or up being normal yield management. I just can't get excited for a $125 reduction on a BE fare and think that's any kind of trend.

I read a business journal article recently that said that the global airline industry was projecting a drop in demand for 2024 and was planning accordingly. Maybe they'e still thinking a global recession is likely.