Airlines How do trends in airfares compare worldwide?

Fares for future departures are based on high-frequency observations, weighted by a standard booking curve. Forward observations are as of 5-Apr-20.

08 May 2020
  • The forward curve shows offered airfares in China and India are >10% y/y higher for flights departing in the next 3 months.
  • Meanwhile, fares for future departures in the next 3 months in Japan, ASEAN, and the US are lower than a year ago by 10% y/y or more.

Change in Average Airfares by Region (% y/y)

Source: UBS Evidence Lab