Good News? Airfare Prices Fall Ahead Of Busy Summer Travel Season

Amid recent macroeconomic fluctuations, the global commercial aviation industry has faced a period of turmoil. Airlines have had to drastically slash growth forecasts, and airline stock prices have taken some serious blows. This comes after a trade war with the US’s principal trade partners has led many to fear the onset of a recession and an increase in the prices of many goods, especially those that are imported.