Transportation

Global Airfares Set to Rise Yet Again in 2025, Amex GBT Says

The key drivers pushing up airfares include rising wages and staffing shortages.

Photographer: Andrey Rudakov/Bloomberg
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Global airfares are set to become more expensive in 2025 even as gains moderate, according to an American Express Global Business Travel Group Inc. forecast, with ticket prices reflecting higher costs and lingering supply-chain disruptions.

The slower climb in ticket expenses is a leveling off from this year’s steep post-Covid increases, the global corporate travel manager said in its annual report on the cost of flying.