{"id":572617,"date":"2023-04-28T11:24:26","date_gmt":"2023-04-28T05:54:26","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=572617"},"modified":"2023-04-28T11:24:26","modified_gmt":"2023-04-28T05:54:26","slug":"air-travel-to-remain-costly-as-airlines-battle-200bn-in-losses-lack-of-planes","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/air-travel-to-remain-costly-as-airlines-battle-200bn-in-losses-lack-of-planes\/","title":{"rendered":"Air travel to remain costly as airlines battle $200bn in losses, lack of planes"},"content":{"rendered":"<p>The worst of the pandemic has subsided, countries are accessible again and airlines expect decent profits now that business and leisure travel has returned. Why, then, are fares still so high?<\/p>\n<p>For one, there\u2019s a lack of planes. Airlines idled large portions of their fleets because travel demand was so lackluster during the pandemic that they weren\u2019t needed. Now they can\u2019t bring them back fast enough \u2014 it takes 100 working hours to ready the biggest jets for service after being parked away.<\/p>\n<p>Another reason: consumers are willing to pay more for tickets after being denied the chance to travel, in some cases for as long as three years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The worst of the pandemic has subsided, countries are accessible again and airlines expect decent profits now that business and leisure travel has returned. Why, then, are fares still so high? For one, there\u2019s a lack of planes. Airlines idled large portions of their fleets because travel demand was so lackluster during the pandemic that they weren\u2019t needed. Now they can\u2019t bring them back fast enough \u2014 it takes 100 working hours to ready the biggest jets for service after being parked away. Another reason: consumers are willing to pay more for tickets after being denied the chance to travel, [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[184,141,130],"tags":[],"class_list":["post-572617","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-hindustantimes","category-hindustantimes","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/572617","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=572617"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/572617\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=572617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=572617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=572617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}