Airfares cool as peak summer travel season fades. Now what?

Primbondh/ November 23, 2022/ airfare

Passengers are seen at the Delta Air Lines check-in counters at Hartsfield-Jackson Atlanta International Airport ahead of the Fourth of July holiday in Atlanta, Georgia, July 1, 2022.

Elijah Nouvelage | Reuters

Flights, believe it or not, are getting cheaper.

Airfares fell a seasonally-adjusted 1.8% from May to June, according to the latest U.S. inflation data, published last week. Fares were one of the few categories to decline at a time when consumer prices rose at the fastest clip in more than four decades.

The surge in spring and summer travel — even at sky-high prices — has been a boon to airlines, driving revenue above 2019 levels even as airlines fly less than they did before the pandemic, according to recent reports from major carriers like Delta Air Lines and American Airlines.

Now the question is: How resilient will demand be after the summer peak as carriers and

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SOUTHWEST AIRLINES ANNOUNCES LIMITED-TIME RAPID REWARDS POINTS BOOKING OFFER, SAVE 20% OFF BASE

Primbondh/ November 13, 2022/ flight discount

Carrier offers 20% off base fares for all bookings using Rapid Rewards points for fall and winter travel, including Thanksgiving Day and Black Friday travel dates

DALLAS, Oct. 18, 2022 /PRNewswire/ — Southwest Airlines Co. (NYSE: LUV) today announces that its award-winning Rapid Rewards® frequent flyer program has launched a promotional offer giving Members more ways to save on their next flight. Rapid Rewards Members who book a flight with Rapid Rewards points today through Oct. 20, 2022, can save 20% off base fares for all bookings with points (domestic and international) for travel Oct. 18 through Dec. 15, 2022 (blackout dates apply). Members can use SAVE20NOW in the promo code box when booking to receive the discount. Full terms and conditions for this offer are available on Southwest.com®.1

“We’re continuously looking at ways to appreciate our

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