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United Airlines CEO says air fares are returning to normal levels
2022.06.01 23:46
FILE PHOTO: United Airlines planes are parked at their gates at O’Hare International Airport ahead of the Thanksgiving holiday in Chicago, Illinois, U.S., November 20, 2021. REUTERS/Brendan McDermid
CHICAGO (Reuters) – United Airlines Chief Executive Scott Kirby (NYSE:KEX) on Wednesday said air fares are returning to normal levels following the pandemic lows and there is “not a hint of evidence” that rising ticket prices are hurting consumer demand.
“We’re just back to normal pricing,” Kirby told the Bernstein Conference. “It feels like high pricing today because we’re comparing to an artificial low coming off the pandemic.”
