Airlines Are Keeping Fares High Even as Fuel Prices Drop

Airline executives make clear that lower fuel costs won't mean cheaper tickets, Carnival posts record revenue but still trims its outlook as the Middle East war lingers, and a decade-long look at Airbnb's attempts to become a travel superapp reveals just how many times it's started and stopped. On today's Skift Daily Briefing, Sarah Dandashy breaks down why structural shifts in the airline industry mean higher fares could be the new normal regardless of what happens to fuel, why Carnival's record quarter still came with a cautious outlook, and what's actually different about Airbnb's latest push to become more than a short-term rental platform. Articles Referenced: Honorable Mention: @AskAConcierge on IGThose Higher Airfares May Stick Even if Fuel Prices DropCarnival Cruise Second Quarter: Middle East ImpactHow Airbnb Went From Short-Term Rentals to Hotels, Car Rentals, and Beyond: A Timeline Connect with Skift LinkedIn: https://www.linkedin.com/company/skift/ WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/ Facebook: https://facebook.com/skiftnews Instagram: https://www.instagram.com/skiftnews/ Threads: https://www.threads.net/@skiftnews Bluesky: https://bsky.app/profile/skiftnews.bsky.social X: https://twitter.com/skift Subscribe to @SkiftNews and never miss an update from the travel industry.