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Domestic flight bookings fell by 17% in April as air fares continued to rise

May 13, 2022, 17:50 IST
Business Insider
Paul Bersebach/MediaNews Group/Orange County Register via Getty Images
  • US domestic flight bookings fell by 17% in April compared to March, according to Adobe.
  • The drop in bookings comes as air fares continue to rise as a result of high fuel costs.
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US domestic flight bookings fell in April from the previous month, after high fuel and other costs continued to push up air fares.

Bookings for domestic flights fell by 17% in April compared to March, according to data from software company, Adobe, published Thursday.

Overall, passengers in the US spent $7.8 billion on domestic flights bookings online in April, down from the $8.8 billion spent in March, Adobe said.

The fall in demand between March and April comes after continued rises in individual air fares as a result of the rising cost of jet fuel and growing demand for travel. Prices for air travel rose 18.6% in April, government data published Wednesday showed, the largest one-month jump since 1963.

Air fares and oil prices were already rising as post-lockdown recovery prompted demand for jet fuel, but have spiked further on concerns over global crude oil supply following Russia's invasion of Ukraine.

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The ease in demand indicates passengers are holding back from booking pricey tickets. According to Adobe, prices surpassed pre-pandemic levels in April for the third month in a row, rising 27% more than 2019 levels and 8% more than prices in March.

Despite elevated prices, travel demand is still above pre-pandemic levels. Online spend grew 23% in April compared to the same month in 2019, while bookings rose by 5%, according to Adobe. The gap shows that consumers "have been paying considerably more for the same amount of service," Adobe said.

Passengers have already spent $28.8 billion on online domestic flight bookings in 2022, over twice as much as what was spent in the first four months of 2021, the data added.

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