Yes, that seems to be the current situation! Here are some possible reasons:
1. Increased Costs: Even if demand is high, airlines may be facing increased costs. Fuel is a significant expense for airlines, and prices have been rising. In addition, labor costs have also gone up as airlines compete for skilled pilots and technicians.
2. Competition: The airline industry is highly competitive. Airlines are frequently under pressure to keep fares low to attract passengers, which can eat into profits.
3. Investment:
