Are the odds stacked against you for finding affordable flights, or are there cheap fares available? While demand and capacity will put the highest pressure on prices, there are ways to seek out the lowest fares SophieLamTravel shares how to do it ⬇️
. The independent travel agency’s UK Head of Aviation, Justin Penny explains a non-inflationary reason for the increase: “During the pandemic, many airlines opted to assign credits to customers that had bookings cancelled. Many of these credits remain unclaimed – 2023 is the final year that many of these schemes are set to close. This has caused a mass increase in demand for European flights, in turn causing prices to shoot updestination this year.
So the question is – are the odds stacked against you for finding affordable flights, or are there cheap fares available? While demand and capacity will put the highest pressure on prices, there are ways to seek out the lowest fares. Here’s how to do it.Dynamic pricing means that prices tend to go up as demand intensifies, but there can be some volatility in that equation – fares sometimes fall as the departure date approaches if demand wanes.
Airlines pay airports more for early landing slots, and a premium at busy hubs such as Heathrow, both of which can push up fares. For example, compare flights to Nice later this month: British Airways flies from Heathrow from £503 one way on on the morning of 15 June, with equivalent flights from Gatwick costing £205 and £164 from London City.
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