Originally Posted by HarbourGent

In the past week I've sat in half (or more) empty cabins on regional flights in the U.S., Europe and Asia, with at least a spare seat beside me and in some cases (SQ and AA regional/domestic) spare rows around me. One flight in the midwest US had the sort of yield I remember last seeing on that sized plane in the late nineties.
Both TATL were almost full, but U.K.-Asia was not. All in economy, none on CX, but anecdotally I'm starting to suspect that much higher fares are materially hurting demand in full-service aviation. Time will tell.