Summer Flights: Will Tariffs and Economic Uncertainty Impact Airfare Prices?

Airfare Prices Expected to Fluctuate Amidst Global Slowdown and Tariffs Mexico City, MX – June 7, 2025 – The combination of a slowing global travel market, current economic uncertainty, and recently implemented 10% tariffs on the aeronautics industry is expected to create volatility in air travel supply and demand, according to a new report from CNN en Español. The report features an interview with René Armas, Vice President of Jet Link International and an aviation consultant, who provides insights into how these factors could impact air travel prices this summer. Armas notes that "Everything depends on how airlines read the demand, how the supply of seats is recalibrated, and how consumer confidence is assessed." He suggests that consumers could see better rates if airlines misjudge demand, but conversely, prices could be higher if there's a significant reduction in available seats. The report projects that discounts on transatlantic flights between Europe and the United States could range from 5% to 15% compared to 2024, but Armas cautions that these discounts depend on various factors, including the direction of demand, the day of the week, and the specific flight route. The CNN en Español report serves as a timely reminder for travelers to carefully consider these economic factors when planning their summer vacations.