Airline bosses have been downright giddy about travel demand on earnings calls this month. That means one thing for fliers: Hang on to your wallets.
The ravenous appetite for trips, a shortage of new jets and shifting travel patterns coming out of the pandemic mean high ticket prices and rising fees are likely to stick around. Budget travelers counting on their usual workarounds, such as frill-free airlines and off-peak dates, might be disappointed in the savings.