(Edit: 2023-01-16) Don't just predict this one, please check out the other 12 travel predictions! Thanks! https://manifold.markets/group/scotts-cheap-flights-going-2023-pre

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Average fares are currently 36% higher than they were 12 months ago. (Adjusting for inflation, airfare is up 24%.) In 2023, I expect that to reverse and year-over-year fares to fall.

(70% confidence)

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This is question #1 from Scott Keyes' annual travel predictions at Scott's Cheap Flights (now Going).

Since Scott resolved and graded his 2022 predictions before the end of 2022, I am setting the close date ahead of the end of the year, to (try to) avoid a situation where he posts the resolutions before the market closes. In the event that his resolution post falls in 2024, my apologies in advance. If he hasn't posted resolutions at all by February 1, 2024, I will do my best to resolve them personally, and set N/A for any questions that I can't determine with outside (non-Going) source data.