How Has Inflation Affected Plane Ticket Prices Over The Years?

The aviation industry witnessed one of its worst times during the global pandemic. At the peak of the air travel disruptions, experts had forecasted a slight hike in prices should air travel return to normal. However, as it stands, ticket prices have been on a constant rise since the air travel recovery began. A report from CNBC shows that airline tickets have outpaced inflation between 2021 and 2023, with an over 25% increase in airline ticket prices.