The recent drop in airfares we’ve been experiencing is about to cross the pond.by wall street journal, the record prices people paid to travel to Europe over the past year are coming down thanks to airline moves. “Everyone wanted to go to Europe this summer, and almost everyone did,” says Thrifty Traveler’s Kyle Potter. “And they paid a lot of money to do it.” So what will change to bring costs down? More flights are planned for the spring and summer. journal New nonstop flights will also be added between more U.S. airports and European destinations by airlines such as United, Lufthansa and JetBlue.
Costs have fallen to pre-pandemic levels in some destinations, with searches for flights to Dublin, Rome, Paris and Amsterdam in early March finding flights for less than $500. Currently, the average cost of a round-trip ticket to Europe is around $655, but prices for flights to popular destinations (particularly southern Europe) can still soar, with flights to Athens, Madrid, and Lisbon Tickets are about 20% more expensive than last year. With the Olympics taking place in Paris this summer, considering where and when you book can also make a difference. Tickets to Paris in late July are already over $1,000, and since Paris is a hub for travel to other European destinations, Yale University economist Kevin Williams said, ” It will become more difficult to reach the destination. “That ticket will be more expensive.”
frugal traveler Due to weak demand, the company suggests that October and November be considered “reservation season” to take advantage of low ticket prices. especially to europe, now. “Think of it like a hangover after an incredibly busy (and incredibly profitable) summer for airlines,” says Gunnar Olsson. “As Americans cut back on travel before the holidays, airlines want to start filling seats from the end of the year until late 2024.” But even when searching for hot summer deals, Not everyone believes that the decline in prices will be reflected. “Airlines know that travelers who book that far in advance are either anxious or inflexible,” said Haley Berg of Hopper. She suggests that to book summer travel she waits until March, and for spring break she books by January and sets price alerts. (See more air travel news).