Analysis-Air fares and staff gaps threaten transatlantic travel rebound

Published by
Reuters

By Allison Lampert and Rajesh Kumar Singh MONTREAL/CHICAGO (Reuters) – Airlines expect the end of COVID testing requirements in North America to accelerate a rebound in transatlantic traffic – but soaring fares due to surging fuel costs and staffing shortages may slam the brakes on rising demand in the world’s largest international travel market. A U.S. requirement that arriving air travelers test negative for COVID-19 had been blamed by carriers for dampening demand. But a week after the White House scrapped the rule, airlines are reporting a surge of interest in international travel. That’s …

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