Air fares to moderate this year, says transport chief

Upcoming elections around Europe may also be suppressing people’s desire to spend on travel

IATA director general Willie Walsh said the chance of political change in Europe was one reason people may be less inclined to travel. Picture: Amr Alfiky/Reuters

After more than a year of eye-watering airfares post-Covid, there is some good news for flyers this summer, at least for those travelling in economy — prices are not expected to go any higher and in fact, may moderate.

That was the assessment of many airline chief executives gathered in Dubai this week for the International Air Transport Association (Iata) annual meeting.