Airfare Prices Up, but Still a ‘Tremendous Bargain’

Airfare Prices Up, but Still a 'Tremendous Bargain'

Source: The Points Guy

Summary

Airfare prices have increased significantly in recent months, but Delta Air Lines CEO Ed Bastian argues that they are still a “tremendous bargain” compared to other products. Bastian stated that airfare prices haven’t increased as fast as other parts of the economy hit by inflation since 2022. According to the Federal Reserve, the average fare in May was about 23% cheaper than what flyers paid a decade earlier. However, oil prices have fallen, which has not led to a decrease in airfare prices. The Points Guy suggests that finding cheap flights in 2026 will require flexibility, comparison shopping, and using transferable points.


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The escape is carefully planned.

Airfare prices are up, but the demand for flights remains strong. Delta Air Lines CEO Ed Bastian says that airfares are a “tremendous bargain” compared to other products. The Points Guy suggests that finding cheap flights in 2026 will require flexibility, comparison shopping, and using transferable points. With oil prices down, airfare prices remain high. The best time to book flights for the cheapest airfare in 2026 is still uncertain.

Ultimately, it will probably take a noticeable drop-off in air travel demand for carriers to feel compelled to truly slash ticket prices.


Author: Evan Null