{"id":586170,"date":"2023-05-07T00:00:00","date_gmt":"2023-05-07T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/07\/cost-of-flying-is-rising-faster-than-inflation-say-hello-to-siris-sister-in-law\/"},"modified":"2023-05-07T00:00:00","modified_gmt":"2023-05-07T00:00:00","slug":"cost-of-flying-is-rising-faster-than-inflation-say-hello-to-siris-sister-in-law","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/07\/cost-of-flying-is-rising-faster-than-inflation-say-hello-to-siris-sister-in-law\/","title":{"rendered":"Cost of flying is rising faster than inflation + Say hello to Siri\u2019s sister-in-law"},"content":{"rendered":"

<\/span>SIGN OF THE TIMES- The increase in the cost of flying is outpacing inflation:<\/span> Air fares<\/span> have surged at double the rate of annual inflation in developed markets as passengers are more willing to pay high costs amid higher demand for travel<\/span>, the <\/span>Financial Times<\/a><\/span> reports. Pent-up travel appetite from the days of covid-19 has pushed some routes to sell for double their pre-pandemic prices, the Financial Times says, citing data from aviation company Cirium analyzed by the Financial Times. <\/span><\/p>\n

It\u2019s not just the travel bug: You can also blame rising fuel prices + supply chain<\/span> shortages + a rallying USD:<\/span> One-way economy ticket prices, excluding taxes and fees, jumped significantly across many routes this year compared to pre-pandemic levels, the salmon-colored paper notes. The high ticket prices coincide with growing scrutiny of companies invoking high inflation as a justification, a phenomenon referred to as \u201cgreedflation,\u201d Luis Gallego, CEO of International Airlines Group (<\/span>IAG<\/a><\/span>) said. <\/span><\/p>\n

<\/p>\n

\n

We will soon say goodbye to the traditional Google SRPs \u2014 and hello to Siri\u2019s<\/span> sister-in-law Magi: <\/span>Google is expected to debut new features in its upcoming I\/O developer conference that are meant to spice up its search result pages (SRPs) with AI conversations through virtual assistant Magi, short videos and social media posts, the <\/span>Wall Street Journal<\/a><\/span> reports, citing<\/span> Google documents it has seen and unnamed sources familiar with the matter. The tech giant aims to engage young people with its search results by making them more \u201cvisual, snackable, personal, and human,\u201d according to the documents. <\/span><\/p>\n

Everyone wants a piece of the AI cake: <\/span>The rise of AI-powered apps is posing a challenge to<\/span> Google\u2019s dominance as the traditional most popular go-to search engine. The Silicon Valley tech company is trying to maintain its hegemony in all things internet in the wake of the emergence of ChatGPt \u2014 an AI-powered app developed by OpenAI and supported by Microsoft, WSJ reports.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The rising cost of flying is a result of pent up demand as well as rising fuel prices and supply chain shortages<\/p>\n","protected":false},"author":1,"featured_media":586171,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[7094,633,638,1143,234],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-586170","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-ai","tag-enterprisepm","tag-for-your-commute","tag-google","tag-travel","wpautop","entry"],"acf":{"mongo_id":"f4176eae-10ab-4eb2-ba0f-c2cf53ac880e","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/4\/144.jpg","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[586165],"teaser":"The rising cost of flying is a result of pent up demand as well as rising fuel prices and supply chain shortages","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/5\/.cf895c07-b404-4689-b1b9-7d67fecf268d.mp3"},"yoast_head":"\nCost of flying is rising faster than inflation + Say hello to Siri\u2019s sister-in-law - 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Urban inflation rose to 7.3% last month from 5.9%in December, recording its highest rate since\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/156.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":553482,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/06\/rising-inflation-weighs-on-private-sector-activity-in-november\/","url_meta":{"origin":586170,"position":4},"title":"Rising inflation weighs on private sector activity in November","author":"enterpriseam admin","date":"6 December 2021","format":false,"excerpt":"Egypt\u2019s non-oil business activity shrank \u201cmoderately\u201d during November, with a closely followed gauge of business conditions unchanged from the month prior as supply chain bottlenecks and inflationary pressures continued to weigh on private sector firms. The IHS Markit Purchasing Managers\u2019 Index (PMI) (pdf) remained at 48.7 last month, marking the\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/229.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":547844,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/17\/youre-going-to-pay-more-more-at-the-pumps-again\/","url_meta":{"origin":586170,"position":5},"title":"You\u2019re going to pay more more at the pumps, again","author":"enterpriseam admin","date":"17 July 2022","format":false,"excerpt":"The government raised the price of diesel last week for the first time in years as it looks to reduce its subsidy bill amid rising global energy prices. In its latest quarterly meeting, the fuel pricing committee increased the price to EGP 7.25 per liter from EGP 6.75, as well\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/7\/162.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/586170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=586170"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/586170\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/586165"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/586171"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=586170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=586170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=586170"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=586170"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=586170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}