After three years of shocks including the global pandemic and soaring fuel prices following Russia’s invasion of Ukraine, airline bosses are facing a more welcome puzzle: why is demand booming even as concerns mount over a deepening economic downturn?
The UK’s easyJet on Tuesday became the latest carrier to predict a strong summer as it raised its earnings forecasts for a second time this year, boasting not only strong sales but also a willingness among passengers to pay high prices.
