Yes, plane tickets are pricier. Here’s how much more you’re paying, according to Adobe.
Economy And Jobs,Transportation,Airlines,Consumers,Travel,Inflation,Holidays
If you've booked a flight recently, this will not shock you: airline ticket prices are up. What might surprise you, however, is just how much they've risen since before the COVID era.
A new study out Thursday by Adobe shows that airfares increased 24% from Oct. 2019 to Oct. 2022.
"After record spending on physical goods in the first two years of the pandemic, we see consumers shifting more significantly towards services such as air travel," Adobe Digital Insights lead analyst Vivek Pandya said in a statement. "We expect the momentum to carry through the holiday season, even as prices remain elevated above pre-pandemic levels."
For travelers, this means you need to be ready to shell out more if you're determined to fly around the holidays.
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