Airlines said travel demand is roaring back—and they believe fliers will pay up to cover carriers’ mounting fuel bills.
After the wave of Omicron variant-driven Covid-19 infections slowed travel bookings at the start of 2022, airline executives said demand has rebounded more quickly than they anticipated. As a result, carriers said they expect to be able to absorb higher jet fuel costs by paring back flying capacity and passing the costs along to customers.