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.

This post first appeared on wsj.com

You May Also Like

StockX Snags $2.8 Billion Valuation in Latest Funding Round

Sellers using StockX send their sold merchandise to the company, which authenticates…

How Finland Is Teaching a Generation to Spot Misinformation

A typical lesson that Saara Martikka, a teacher in Hameenlinna, Finland, gives…

U.S. consumer watchdog plans to regulate ‘buy-now, pay-later’ companies

The U.S. Consumer Financial Protection Bureau (CFPB) plans to start regulating “buy-now,…

Biden, Clintons to deliver tributes at Madeleine Albright’s funeral

WASHINGTON — Current and former presidents, U.S. government officials, secretaries of state,…