U.S. airline bookings dropped 17% in April as flights got even more expensive

U.S. airline bookings dropped 17% last month from March, according to a report from Adobe published Thursday, one of the first signs of cooling demand for air travel as ticket prices surpass pre-Covid pandemic levels. Consumers spent $7.8 billion on domestic tickets in April, down 13% from the previous month, according to the report. (www.cnbc.com) More...