Airfares for transatlantic flights from Europe to the United States have plummeted to levels not seen since before the pandemic, driven by a significant downturn in travel from Western European nations. This shift marks a notable pullback in tourism to the US, a trend expected to continue.
Preliminary figures from the U.S. National Travel and Tourism Office, part of the U.S. Department of Commerce, reveal a 2.8 per cent drop in overall overseas arrivals to the U.S. in May compared to the previous year. The decline is largely attributed to a 4.4 per cent decrease in travel from Western Europe during the same period, although Eastern European travel saw a modest rise of 4.6 per cent.
