Thursday, July 30, 2015

Thanks to low fuel prices, low demand and a DOJ investigation, airfare is
about to go on sale.
(Photo: iStock/Peter Booth)Next month, domestic airfares could drop to the
lowest they’ve been in four years, reports consumer advocate
Christopher Elliott.
The end of summer is typically a time when airfares dip anyway, but this year
they’re hitting record lows.
 As Elliott explains, the price of an average round-trip
domestic ticket will be $245 in August, which is about 5 percent lower
than it was last August — this is all according to Hopper, an
airfare-data analysis company.
"Prices will average about $249 through the end of the year," he writes.
"That’s about 2.
8 percent cheaper than in 2014 and 6.
8 percent cheaper than in 2013.
All told, fares haven’t been this low in at least four years.
" What’s the reason for this unlooked-for blessing from the travel
gods? Related: 10 Ways to Save Big Money on Your Next TripWell,
there are a few.
For one, the Justice Department is currently investigating possible airline
collusion, meaning the agency suspects that the major U.
S.
airlines are illegally coordinating with each other to make fewer seats
available, thus keeping ticket prices high.
Elliott suggests that, as a result, the airlines could be lowering fares to
make themselves look less predatory.
 A second factor is that oil prices have been decreasing — down to
about $40 a barrel versus $100 per barrel this time last year.
 Related:  The Best Apps for Finding a Cheap Flight
The third
reason airfares are lowering is simply that fewer people fly at this time of
year.
Instead, they’re winding down their summers and getting ready to put
the kids back in school.
Lower demand leads to lower prices, as airlines try to entice travelers to
get on planes one more time before the big holiday travel season.
Watch: Flying Singapore Airlines in First Class for an Hour Ruined My
Life Let World traveling club Travel inspire you every day.
Hang out with us on Facebook,Twitter, Instagram, and Pinterest.
 Watch World traveling club Travel’s original series "A Broad
Abroad.
" 
Thanks to low fuel prices, low demand and a DOJ investigation,
airfare is about to go on sale.
Instead, they're winding down their summers and getting ready to put the
kids back in school.
.
Thanks to low fuel prices, low demand and a DOJ investigation, airfare is
about to go on sale.
Instead, they're winding down their summers and getting ready to put the
kids back in school.

0 commentaires:

Post a Comment

Travel Club. Powered by Blogger.

Popular Posts

Popular Posts

.