Sky-high airfares could moderate as demand normalises, more capacity is added, say experts
Currently, factors such as booming travel, higher fuel costs and easing of travel restrictions have pushed airfares higher
Singapore
AIRFARES have soared amid strong pent-up demand and re-opening of major South-east Asian economies but industry experts expect prices to eventually stabilise as airlines add more capacity and demand normalises.
A combination of factors - booming travel, limited availability of seats, higher fuel costs and easing of travel restrictions - have pushed airfares higher, with flights to popular destinations costing more than pre-pandemic levels.
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