Travel at an affordable price period is closing in Europe

Rising fuel prices and strong travel demand are inevitably pushing prices up in the aviation sector. It is stated that tickets will no longer be sold for 7-10 euros in Europe. One of the main advantages of traveling in Europe was accessible transport. Before the pandemic, thanks to strong air and rail connections, people could visit 3 countries a week, and air tickets at budget airline companies ranged from 7-40 euros.

FORGET ABOUT TICKETS FOR 7-10 EUROS

According to a study conducted, such affordable air tickets should be forgotten in the medium term. The reason is the current problems are unlikely to be solved in the short term. According to the conclusion of analysts, due to the accumulated problems and new challenges, airline companies will necessarily increase ticket prices.

The price of fuel oil has increased by 89 percent, environmentally friendly rail travel has come to the fore

The first reason for the increase in ticket prices is the increase in the price of jet fuel. Accordingly, since the beginning of the year, the price of jet fuel has almost doubled (by 89 percent). For this reason, carriers have also turned to flight cancellations in order to optimize flights and save money.

The other factor that airline companies are left in a difficult situation is they saw the need to switch to more environmentally friendly fuel to comply with the concept of ec—friendly travel and compete with trains, for instance. The cost of fuel for airline companies that will gradually switch to this fuel by 2045 will increase by 57 percent.

THERE MAY BE ANOTHER 21 PERCENT INCREASE

Adding to all this the high cost of borrowing, maintenance, personnel, airport service expenses and the need to replenish the fleet, the situation becomes even more aggravated. Experts think that air ticket prices will increase by 21 percent again in 2022.

Economy class ticket prices rise to business class price

Due to rising fuel prices and canceled flights, airline companies such as KLM, Ryanair and Lufthansa are limiting the sale of cheap airline tickets. Lufthansa has announced that it is stopping the sale of low-cost tickets for a while. In this case, even intra-German trips have started to be charged at an average of 500 euros and 1000 euros round trip.

AirFranca-KLM has also announced that it will strongly limit the sale of tickets to domestic European destinations. As a result, the round-trip Amsterdam-London ticket, which was 165 euros last month, has increased to 850 dollars.