Thanksgiving flight bookings are down from 2019, but higher fares lift revenue

Consumers person booked less flights for Thanksgiving week than they did 3 years ago, earlier the Covid pandemic, according to Adobe information released Thursday.

Domestic bookings are down 7% from the aforesaid constituent of 2019, but precocious fares person translated to a 3% summation successful revenue.

Air question request has been resilient this year, contempt precocious ostentation and a peculiarly crisp emergence successful fares, helping airlines much than marque up for a surge successful substance and different costs.

Inflation successful October roseate little than expected, but airfare was up astir 43% from past year.

"The slower bookings maturation indicates that immoderate consumers whitethorn beryllium waiting to spot if prices travel down materially, portion others whitethorn prosecute alternate forms of travel, specified arsenic by car oregon train," Adobe said successful its report, which looked astatine online bookings of the six largest U.S. carriers.

Consumers person spent $76 cardinal connected flights online this year, up 17% from 2019, Adobe said. Bookings roseate 5%, showing a chunk of the summation was owed to higher fares.