Soaring air fares boost airline profits

Air travel is now much more expensive than before the pandemic, according to corporate travel analysis of thousands of flights to and from Asia


SAMPLE AIR FARE INCREASES – 2019 vs 2023 (Jan-Apr)

LONDON 
AMSTERDAM
PARIS
NEW DELHI
HONG KONG
SHANGHAI
SINGAPORE
TOKYO
TAIPEI
SAN FRANCISCO
NEW YORK 

Business class 
Economy class

New Delhi-London 	33% 28

San Francisco-Singapore	29 39

Taipei-Amsterdam	50 53

Paris-Tokyo 		26 69

Hong Kong-New York 	31 115

New York-Shanghai	83 128

Factors to blame include inflation, rising fuel costs and capacity issues going into peak travel season


Source: Bloomberg, Global Business Travel
Picture: Leio McLaren (Unsplash)
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