Patrick de Haan has a bird’s eye view of sky-high prices across the country. He is the head of oil analysis at GasBuddy, a company that deals with mass sources of gas price data. But lately, he feels the pain of emptying his wallet for one of the last Trends in cost increases – air travel.
“My wife and I booked two trips to Rio last year,” de Haan said. “Now I spend 20% more just to get to Atlanta than we invested to travel to Brazil.”
But this is bad news beyond De Haan’s household budget. Many travelers who were accustomed to winning plague flight deals are in for an unpleasant surprise as the tides and ups of cheap flights have changed.
According to Hopper, a flight book app, the cost of domestic flights has risen by 40% since the beginning of the year, with the round-trip flight standing at $ 330. The company expects prices to rise by 10% in May.
Many air travel experts say the worst is yet to come. After two years of the Corona virus crushing our travel plans, consumer demand is now high despite rising prices just as jet fuel costs have risen on Earth due to Russia’s invasion of Ukraine. And this is a double violation of tariffs.
“People see an opportunity where they can book travel in the summer because cases (COVID) look downfall. So it really drives that desire to travel,” said Vivek Pandya, a leading analyst at Adobe Digital Insights, which collects air travel data.
The era of cheap prices officially ended in February when local air fares finally exceeded pre-epidemic costs, Pandia said.
Airlines also see problems in maintaining aircraft flights from the assembly due to lack of pilots and delays in the weather contributing to cost increases. Earlier this month Alaska Airlines and other airlines canceled more than 3,500 U.S. flights in one weekend, affecting tens of thousands of passengers. This week, Jet Blue said it is expected to reduce flight capacity by up to 10 percent over the summer, CNBC reported.
For California’s most popular route, San Francisco to Los Angeles, a weekend round-trip flight is around $ 200 in May, almost double the average cost over the past two months, according to price data on Google Flights. But weekday travelers are lucky as they can still land a flight of less than $ 100. It’s cheaper than traveling the same route, when a car reaches 40 miles per gallon or less, more than $ 10.
Kathleen Bangs, a former airline pilot and spokeswoman for FlightAware flight tracking company, said there is a small window for flight in May where passengers looking for deals can get cheaper flight prices. “Especially in the earlier part (of May), because it’s a post-spring holiday, but not the weekend of Remembrance Day,” Bangs said. “But the demand is huge right now for the summer season; even Europe is back, despite the ongoing war in Ukraine.”
Michelle Goodwin, who lives in San Francisco, travels to Austin, Texas, later this month to see country musician George Straight. She just ordered the reciprocity this week. “When I booked the flight yesterday it was like ‘ahh’ – I felt like I was being cheated on,” Goodwin said. In the end, she booked a return trip of 5 in the morning for $ 200 to avoid the other options, which were all over $ 600.
“When I traveled before I agreed it was expensive, but now it’s so expensive I can not do it,” she added. “It will definitely keep me from going to summer places.”
At Minta San Jose International Airport on Tuesday, travelers waiting for their luggage shared stories of sticker shock and remorse as they watched prices sometimes double within days.
“I saw my flight go from $ 139 to $ 300,” said a 72-year-old with only his first name as Tom. He purchased his one-way ticket from Boston three weeks ahead of time. “I thought I had a pretty cheap ticket in the first place, but I waited a little too long.”
But not every travel booking has to be a torturous process of emptying your wallet. Some travelers who were looking for a bargain or got lucky were pleasantly surprised by the price of their tickets.
Michael Petralis, a longtime LGBT supporter in San Francisco, hijacked a $ 300 business class flight from United Newark to San Francisco. Mine should be like this! “