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  • Airfares from Europe to the US have dropped to rates not seen since before the pandemic.

  • That's as Western European travelers shun flights to the states.

  • It's expected to last at least into July.

  • US government data showed a 2.8% dip in May overseas arrivals from the same time last year.

  • And travel from Western Europe fell 4.4% in May compared with a year ago.

  • However, travel from Eastern Europe rose 4.6% in the same period.

  • Forward bookings suggest sustained declines are on the horizon.

  • With an aviation analytics firm finding July's inbound bookings to the US is down 13% year over year.

  • Travel booking app Hopper said this summer, round trip tickets from the US to Europe are down 10% from the same time last year.

  • Coming in at an average of $817 a ticket, they're in line with the summer of 2019.

  • Transatlantic airfares have been declining since the first quarter.

  • With Europeans rethinking flights after President Donald Trump suggested annexing Greenland, launched a global trade war, and focused on stricter border policies.

  • A strong dollar has also deterred some trips.

  • Major carriers like Air France and Lufthansa expect slowing activity.

  • But Lufthansa also said, like United Airlines.

  • That US travelers flying to Europe is helping to offset the decline.

  • Of Europeans going the other way.

Airfares from Europe to the US have dropped to rates not seen since before the pandemic.

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