What will happen to airlines in 2023?

The industry is expected to finally reach a profit in 2023 – the first time since the Covid-19 pandemic – but unpredictable factors such as oil costs and ever-increasingly extreme weather patterns will continue to create more challenges for airlines.



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The industry is expected to finally reach a profit in 2023 – the first time since the Covid-19 pandemic – but unpredictable factors such as oil costs and ever-increasingly extreme weather patterns will continue to create more challenges for airlines.

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Domestic airline prices are on the decline in 2023, finally retreating after spiking just a year ago. International fares are still high. After soaring in 2022, prices for domestic airline tickets are on the descent.

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Indeed, the World Travel & Tourism Council (WTTC) forecasts that the global travel and tourism sector will reach US$9.5 trillion in 2023 — just 5% below 2019 pre-pandemic levels.

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A resounding 87% of survey respondents expect to travel at least as much as they did in the prior year, with 49% selecting that they expect to travel more. This is especially true among younger respondents, with 59% of those between the ages of 18 to 26 planning to travel more in 2023.

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Time your booking right
“For domestic flights, if you're talking peak season, it's about three to seven months in advance,” he says. “For international flights — [it's] four to 10 months.”

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11 Survival Tips for Long Flights
  1. Pre-Pick Your Seat. ...
  2. Wear Comfortable Clothing. ...
  3. Upgrade When Possible. ...
  4. Avoid a Heavy Meal Before Your Flight. ...
  5. Stay Hydrated. ...
  6. Avoid Over-Packing Your Carry-On. ...
  7. Pack Essentials to Help You Sleep Well. ...
  8. Bring Your Own Entertainment.


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Turkish Airlines has been crowned the 'Most Sustainable Flag Carrier Airline' in World Finance's Sustainability Awards 2023, having won the same award last year.

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It mostly comes down to supply and demand. Demand is contributing to higher prices as travel continues to surge post-pandemic, Berg said. Sustained strong demand in 2023 continues to put additional pressure on prices, especially to and within regions where travel has only recently reopened like parts of Asia.

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Finding the cheapest day to fly usually falls mid week on Wednesdays, but can just as easily fall on any other day of the week based on demand. Time of year also is a huge factor on ticket prices, as traveling during low or off peak seasons will see prices drop for flights.

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It's ideal to search for airfare at these moments: International airfare: 6 weeks ahead. Domestic airfare in summer: 47 days ahead. Domestic airfare in autumn and winter: 62–69 days ahead.

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The most recent estimates suggest that demand for air transport will increase by an average of 4.3% per annum over the next 20 years. If this growth path is achieved by 2036 the air transport industry will then contribute 15.5 million in direct jobs and $1.5 trillion of GDP to the world economy.

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1 Delta Air Lines Despite other US airlines struggling with a number of issues, Delta managed to return to its pre-pandemic ways and claim the top spot in profitability once more, even while profit-makers like business travelers remain far from earlier levels.

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The cheapest months to travel are:
  • November – early December.
  • Late January – March.


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Instead, try traveling during the shoulder season. It's often much cheaper to travel from May to early June and September through mid-October. The weather is still relatively warm during the shoulder season, and you'll beat the crazy summer crowds. This is when we find the best international flight deals!

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On average, Sunday is the best day for savvy savers to book a flight, according to the experts, with seat prices usually at their lowest of the week. Conversely, plane tickets cost the most on Fridays, as interest in travel usually soars close to the weekend.

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