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Friday, March 29, 2024

Airfares may stay sky-high, say industry experts

Oil prices are falling, but bigger problem in post-pandemic recovery period is too few seats

A staff member checks passengers’ digital tickets before allowing them to register for self check-in at Changi International Airport in Singapore. (Photo: AFP)


PARIS: Despite the recent fall in oil prices, high airfares may stay in place for some time to come, say airline industry professionals and experts.

The gradual return of demand for travel last year following the lifting of Covid-related…

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