Airfares Are Finally Starting to Cool as Peak Summer Travel Season Fades. Now What?

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Airlines face a more uncertain demand landscape after the summer peak.

have also been upbeat and are due to report second-quarter results and provide outlooks to investors on Wednesday and Thursday, respectively. American on Monday forecast second-quarter revenue growth of 22.5% over 2019 for the three months ended June 30, up from its previous estimate for an increase of 20%, on a slightly smaller schedule.and concerns about economic weakness as the peak travel season fades.

Delta's Bastian said the carrier has hired 18,000 people since the start of 2021, which is around the number it lost during the pandemic when it urged staff to take buyouts. Elizabeth Bryant, Southwest's senior vice president of people, learning and development, added"hiring and training will remain a focus throughout 2022."

 

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