Earlier quoted context omitted.
You can tell demand is high because ticket prices are very high. Airlines have opted and are opting to fly fewer planes with higher ticket prices. It's a price over volume optimisation that seems to be in fashion in many industry segments. [0] I will note that some airlines have been affected very badly by issues with rebuilding staffing in ancillary services like luggage and airport security. That uncertainty I thin…
The causes you propose may be true but don’t respond to “higher than never”. I’ll add to your note the not-totaly-solved risk of petroleum not being infinite and while the industry is not freaking out, it has started to questioning itself. I can buy “prices are very hight” but how would you measure that ? Also did you took inflation into account in your estimation ? Flight “recovery” is largely due to Asian market bo…
Regarding prices obviously you can adjust for inflation and affordability changes but all statements like that have to be accepted as only being valid/pertinent for certain time periods. I think in this context only a few people are interested in a comparison to the 1920s, 1960s, etc