Flight prices expected to remain high for up to 3 years

Global aviation has taken off to a promising start this year, with the Pacific Asia Travel Association predicting a 71% growth rate for the region. The downside is that the recovering industry can’t get enough labour to keep up and the massive swell in demand has brought with it a massive swell in flight prices.

Travel restrictions have been lifted worldwide, allowing for easier and more convenient air travel. Even ultra-locked-down China has allowed travel to resume post-pandemic. But their delay in reopening left Asia lagging in recovery, as the World Tourism Organisation believes Europe and the Middle East will reach 80-95% of its pre-pandemic numbers this year.

There is massive pent-up demand from eager travellers, but the Covid-19 pandemic battered…