Terrific Ticketing

After making $2.8 billion in airline ticket change fees in 2019, 15% of all revenue, the three legacy carriers have largely eliminated them (until they reimpose them). Carriers are desperate to encourage air travel, as the airline recovery stalled in early July. Worse, while cheap vacation travel has somewhat recovered, high-priced business travelers, who paid most of the fees, remain grounded at 5% of pre-Covid-19 levels. Let’s zoom away!