Expect ‘modest’ airfare increases in 2025 – Amex GBT

Airfares around the world are forecast to “stabilise” next year as global airline capacity continues to rise, according to American Express Global Business Travel’s Air Monitor 2025.

The report said that while fares on most routes will still increase year-on-year, these rises would mostly be “modest”, with some “significant” regional variations. Amex GBT added that this would be a continuation of the stabilisation in flight prices seen during 2024.

In Europe, fares for flights within the continent are expected to go up by 1.2 per cent for business class and by 2.8 per cent for economy year-on-year. On transatlantic routes, business fares are forecast to rise by 1.5 per cent, with economy prices only likely to inch up by…