Markets
5.9
Ryanair CEO warns of record European airfare hikes on supply constraints
Published 3 h ago3 sourcesEvidence: Reported
SeverityModerateZeit OnlineDE · IE
US Thanksgiving and Christmas airfares are at their highest since 2016, driven by Spirit Airlines' shutdown reducing capacity and rising fuel costs. Experts advise booking this week to lock in prices, though specific savings strategies exist. The development signals sustained consumer travel demand and potential inflationary pressure in the services sector.
Published 3 h ago3 sourcesEvidence: Reported
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