WHY DO AIRFARES VARY SO WILDLY?
Aug 05, 2021
2 minutes
WORDS: SIMON CALDER
How has the pandemic affected air fares?
The balance of supply and demand, on which air fares are modelled, has disintegrated. Demand from passengers swings wildly, depending on government action. When Portugal became the only major, accessible nation on England’s quarantine-free green list, a surge in demand for flights saw fares quadruple. Just 17 days later, moving the country to amber
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