There was a warning about the economic pressures on passengers by British Airways, and this pressure may now have an impact significantly on the demand for flights soon. It has been reported that the traffic in May has decreased 0.7% year-on-year Wednesday. British Airways has stated that long-haul economy travel was weak already and that it will only be a matter of time before we start seeing how the regular flyers are going to cope with having an income that is less disposable.

As airlines enjoyed the share price rally of a falling oil price, the downbeat outlook came. It was down almost $2 per barrel on positive inventory data from the US. Shares were up 5.6% at 244 pence in BA by 1556 GMT, which is valuing at £2.8 billion for the company. Their rivals, Air France and EasyJet, were up 5.6% and 6.6%.

Analysts are saying that the rise in share price had to do more with the falling of the price of oil than the figures of BA. BA’s Stinnes has said that the increased cost for utilities and petrol was a concern for the airlines. He says that customers have been fairly accepting of the increase in fuel costs, because they know that it is being passed on. However, it depends on the essential value that foreign holidays are to people.

British airways has stated that the short-haul and long-haul of business and economy travel last month was weak, but the premium traffic, like the London-New York route, was ahead just slightly last year. The decline of passengers decreased 1.5% to 71.8% in how many seats were filled on the planes.