Air travel prices are set to continue their upward trend in 2025, making international trips more expensive for tourists.
The price of air travel looks set to continue its upward trend in 2025, following significant increases last year. ‘This is according to carriers and industry analysts who warn that higher prices for flights may dampen tourists’ plans.’
Airline fares are determined by a complex algorithm that considers various factors, including demand, fuel prices, and operational costs.
On average, airlines generate around 80% of their revenue from ticket sales.
The cheapest seats are usually offered first, with prices increasing as the flight approaches.
Airlines also offer discounts for advance bookings, loyalty program members, and students.
According to a study, passengers who book flights at least two weeks in advance can save up to 50% on their tickets.
The British Retail Consortium has noted that inflation has reached its highest point in almost a year, driven by rising food inflation and air fares. The US Bureau of Labor Statistics reported a 7.3% increase in fares to Europe for 2024. ‘This trend is also reflected in the European Travel Commission (ETC) and Eurail survey, which found that travellers from Asia, South America, and the US are less likely to fly to Europe than last year.’
The European Travel Commission (ETC) and Eurail‘s survey highlights affordability as the most significant barrier to international travel, cited by 46% of respondents who do not plan a European trip. While budget airlines and holidays closer to home may offer a solution for many in Europe and other continents, these fares are also facing a rise due to airlines’ need to cover spiralling operating costs.
Traveling can be expensive, but with some planning and research, it's possible to save money.
Consider traveling during the off-season, when prices for flights and accommodations are lower.
Look for package deals that include 'flights, hotels, and car rentals'.
Use travel rewards credit cards or cashback apps to earn points towards your trip.
Additionally, book 'accommodations outside of city centers' to reduce costs.
Research budget-friendly transportation options, such as buses or trains, instead of taxis.
With a little creativity, travelers can enjoy affordable vacations without breaking the bank.
Jet2, a UK-based airline and travel company, warned on February 19 that soaring operating costs in areas such as aircraft maintenance, airport fees, and fuel are becoming unsustainable. ‘The International Air Transport Association (IATA) has also expressed concerns about the industry’s supply chain issues, including a shortage of jets and airports not maintaining capacity.’
Jet2 is a British low-cost airline based in West Yorkshire, England.
Founded in 1983 as Channel Island Helicopters, the company has since expanded to become one of the largest airlines in the UK.
Jet2 operates over 900 flights weekly to various destinations across Europe and beyond.
The airline offers a range of services, including package holidays, flight-only bookings, and hotel stays.
With a strong focus on customer service, Jet2 has established itself as a popular choice for budget-conscious travelers.
These cost increases are likely to be passed on to passengers, making air travel even more expensive. This trend is set to continue in 2025, with many travellers facing higher fares due to the combination of rising operating costs and industry supply chain issues.
