Travel demand is back with a vengeance and people are willing to pay for tickets if a statement made by Lufthansa’s (LHAB) (LHA) chief executive is anything to go by.
The airline’s most expensive ticket is currently $24,000 for a San Francisco-Frankfurt (SFO-FRA) round trip in first class, Carsten Spohr told an event at the Aviation Club of Washington DC.
But don’t try booking. “We’re sold out,” news agencies quoted Spohr as saying of the pricey tickets.
Various airline bosses have said they are seeing good demand for tickets in premium classes, not necessarily from those on business trips paid for by corporate credit cards, but by wealthy individuals seeking more space when they fly.
The Lufthansa CEO told reporters in the US capital that the German airline was currently experiencing good demand for summer 2022, especially on routes to North America. Spohr said Lufthansa (LHAB) (LHA) was currently flying to 25 destinations across the United States, more than before the pandemic.
Lufthansa (LHAB) (LHA) is expecting a record summer in terms of the number of people flying on vacation with the carrier’s airlines, it said on May 5 when it published first quarter results. Bookings had recently exceeded 2019 levels for the first time since the start of the COVID-19 pandemic.