The grounding of Boeing 737 Max jets likely means that fare increases this summer will be larger than already expected and airlines will struggle to handle disruptions such as storms that shut down hub airports.
With Max jets grounded after two deadly accidents, the US airlines will operate about 200 fewer daily flights than planned through the heart of the peak summer season. That’s around 35,000 seats lost every day.
Travel-data firm Hopper said this week that it expects the average domestic round trip in May will cost $236, 7% more than a year ago, and keep rising in June. Most of that increase is due to the price of jet fuel and other economic causes, but some of it is due to the Max, according to Hayley Berg, the firm’s economist.
