Mitchell Hartman
๐ค SpeakerAppearances Over Time
Podcast Appearances
So what about the other major U.S.
So what about the other major U.S.
airlines?
They're dealing with the same soaring jet fuel costs, and they're more dependent on selling economy seats.
They're dealing with the same soaring jet fuel costs, and they're more dependent on selling economy seats.
Some are also raising their prices, which could turn off inflation-stressed consumers, says Johnny Sawyer at public opinion firm Ipsos.
Some are also raising their prices, which could turn off inflation-stressed consumers, says Johnny Sawyer at public opinion firm Ipsos.
He points to a recent poll that found two in three Americans spending less on experiences.
He points to a recent poll that found two in three Americans spending less on experiences.
Lower income Americans were definitely more likely to say that they'll either avoid bookings just by plane or just cancel their trips entirely.
Lower income Americans were definitely more likely to say that they'll either avoid bookings just by plane or just cancel their trips entirely.
Different pattern emerging for higher income Americans, though.
Different pattern emerging for higher income Americans, though.
According to Morning Consult, their spending on airfare and hotels shot up in March.
According to Morning Consult, their spending on airfare and hotels shot up in March.
Senior economist Sophia Baig says geopolitical conflict clearly isn't much of a deterrent.
Senior economist Sophia Baig says geopolitical conflict clearly isn't much of a deterrent.
And plan their summer vacations.
And plan their summer vacations.