Don't Expect Cheap Airfares to Come Back Soon, Airline Executives Say

"Pilot shortages, aircraft delivery shortages from both Boeing and Airbus, Air Traffic Control saturation and airport infrastructure constraints around the world are real, and they are constraints that will take years to fully resolve." — Scott Kirby, CEO of United Airlines (Photo: Reuters)

Airfares are sky high, and airline executives expect them to stay that way.

Airlines are battling surging costs for fuel and labor. Meanwhile, worker shortages and delayed plane deliveries are preventing them from adding more flights when more people want to fly.