This confirms a seemingly offhand comment Marvel Studios President Kevin Feige made last month during an interview at a Shanghai-based fan event for Endgame.  When asked to comment about Far From Home, Feige told Newsweek, “It’s the end of the third phase.” Adding it was the first time he had said that publicly.  The comment was not picked up widely by American media, and Feige did not comment further in the leadup to Endgame’s release.

Apparently, Peter Parker’s summer vacation will have more gravitas that an average summer superhero flick, serving as a coda to the MCU Phase Three.

The film opens on July 5. There are many summer Spider-Man themed releases hitting comic stores this summer (see “Marvel Assembles an Assortment of Spider-Man Collections” and “Preview: 'True Believers: Spider-Man' Covers”).