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Airfares Experience Biggest Drop In 20 Years
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Cheap travel options, including cheap airplane tickets, cheap vacation packages, and discount travel deals are in ready supply this fall as a result of falling airplane ticket prices, which fell almost 6 percent in August alone.
While historically airfare prices have dropped between summer and the Thanksgiving/Christmas holidays, current airfare prices have fallen more than 9 percent when compared to the same time last year, according to “Hopper,” an airfare prediction app.
Given that future airline seat capacity is growing, prices are anticipated to fall even further.
Airline ticket prices are expected to average about $237, during the overall fall holiday period, which runs from September through December, which is 7.2 percent less than 2014 and 11.2 percent cheaper than 2013.
Airfares to popular destinations work out to a savings of about $106 by reserving flights in September vs. August. Island destinations, such as Fiji, Tahiti, and the Bahamas are seeing some of the largest price declines from August to September, ranging from 13 to 29 percent.
Traveling to Europe in September vs. August is significantly more affordable. Visiting cities like Barcelona, Milan, Paris, and Rome is 11 percent to 26 percent cheaper.
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