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Airline ticket prices are up relative to 2019 as demand recovers but supply isn't back to pre-pandemic levels. Corporate travel had lagged but is catching up quickly. But investors are trying to gauge the sustainability of the recovery, whether pent up demand fades and whether higher prices push the consumer to pursue lower altitude modes of transportation. Andrew joins us to discuss why he believes there's still demand strength ahead, how ticket prices still compare favorably to history and to other services in these inflationary times and the impact that higher oil and pilot shortages could have-one that is both positive and negative. You may also enjoy listening to the Merrill Perspectives podcast, featuring conversations on the big stories, news and trends affecting your everyday financial life
"Bank of America" and “BofA Securities” are the marketing names for the global banking businesses and global markets businesses (which includes BofA Global Research) of Bank of America Corporation. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. Securities, trading, research, strategic advisory, and other investment banking and markets activities are performed globally by affiliates of Bank of America Corporation, including, in the United States, BofA Securities, Inc. a registered broker-dealer and Member of FINRA and SIPC, and, in other jurisdictions, by locally registered entities.
©2022 Bank of America Corporation. All rights reserved.
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1111 ratings
Airline ticket prices are up relative to 2019 as demand recovers but supply isn't back to pre-pandemic levels. Corporate travel had lagged but is catching up quickly. But investors are trying to gauge the sustainability of the recovery, whether pent up demand fades and whether higher prices push the consumer to pursue lower altitude modes of transportation. Andrew joins us to discuss why he believes there's still demand strength ahead, how ticket prices still compare favorably to history and to other services in these inflationary times and the impact that higher oil and pilot shortages could have-one that is both positive and negative. You may also enjoy listening to the Merrill Perspectives podcast, featuring conversations on the big stories, news and trends affecting your everyday financial life
"Bank of America" and “BofA Securities” are the marketing names for the global banking businesses and global markets businesses (which includes BofA Global Research) of Bank of America Corporation. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. Securities, trading, research, strategic advisory, and other investment banking and markets activities are performed globally by affiliates of Bank of America Corporation, including, in the United States, BofA Securities, Inc. a registered broker-dealer and Member of FINRA and SIPC, and, in other jurisdictions, by locally registered entities.
©2022 Bank of America Corporation. All rights reserved.
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