Airlines bask in sky-high fares while airports stay stuck

Soaring ticket prices are lining the pockets of the world’s biggest airlines, providing balm to the economic wounds suffered during the travel lockdowns of Covid-19. But as the industry takes off, airports say they’ve been forgotten at the gate.

Flying will be far more expensive this (Northern) summer, according to corporate travel manager American Express Global Business Travel, which analysed tens of thousands of client transactions on international flights to and from Asian destinations. A typical New York-to-Hong Kong flight in economy class cost more than twice as much…