Transatlantic Flight Prices Plummet as Europeans Avoid Traveling to the U.S.
Airfares from Europe to the United States have plunged to levels not seen since prior to the Covid-19 pandemic. This trend has been largely driven by a noticeable decrease in travel from Western Europe, a behavior that is anticipated to persist at least until next month.
According to preliminary data from the US National Travel and Tourism Office (NTTO), overseas arrivals to the United States dipped by 2.8% in May compared to the previous year. Interestingly, while travel from Western Europe fell by 4.4% during this…