Summer airfares may rise due to delayed Boeing aircraft production and reduced US plane supply.
Summer airfares may be higher this year due to manufacturing delays for new Boeing aircraft, which could decrease the number of flights available in the US. U.S. airlines are expected to receive 40% fewer planes than initially planned, leading to a scramble to find ways to book more flights for record air travel during the summer. With demand strong and supply relatively weak, experts predict higher airfares as a result.
April 22, 2024
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