A Southwest Airlines aircraft taxis as an American Airlines aircraft lands at Reagan National Airport in Arlington, Virginia, U.S., January 24, 2022.
Joshua Roberts | Reuters
U.S. airline bookings dropped 17% last month from March, in line with a report from Adobe published Thursday, one in all the primary signs of cooling demand for air travel as ticket prices surpass pre-Covid pandemic levels.
Consumers spent $7.8 billion on domestic tickets in April, down 13% from the previous month, in line with the report.
Air travel has been resilient in recent months despite the very best inflation for the reason that early Nineteen Eighties. Prices on all the pieces from gasoline to groceries to travel have shot up. The brand new data suggests consumers are beginning to back off buying tickets.
Despite the slowdown, demand for domestic U.S. plane tickets stays above 2019 levels. In April, online spending on tickets was up 23% over the identical month in 2019 while bookings rose 5%. Prices were up 27% from 2019 and eight% higher than in March, Adobe said.