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In response to
"How? Flights are stupid expensive recently. -- nm"
by
JaxSean
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Right? Though much of 1Q tends to be a bit softer on travel on general.
Posted by
ty97
Apr 13 '23, 06:55
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Even if people bought expensive tickets in February for a flight in June, the airline can not recognize the revenue in 1Q. They get the cash of course, but they can't recognize the revenue until the flight happens.
I guess this is part of why they airlines are still expressing optimism, they know what forward bookings look like.
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Responses:
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