A trip to Europe? In this economy? Expensive flights keep vacations closer to home
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A trip to Europe? In this economy? Expensive flights keep vacations closer to home
"The tickets are so high. It just eats up a lot of the money that we had set aside for the holiday,” Lea said. “It is very disappointing,” James added."
"On average, an international flight was about $150 higher in mid-April compared with a year earlier, according to the travel site Kayak."
"United CEO Scott Kirby said that the company might keep some of its prices higher to improve its traditionally tight profit margins."
"Arlene Hogan, owner of the travel adviser company Vacays4U, said her bookings have dropped about 10% for the fall most of her customers booked their summer trips long ago when prices were lower."
Flight prices have surged, primarily due to the doubling of jet fuel costs since the war in Iran began. The Ridgeway family faces high ticket prices for both concert and flights, leading them to consider canceling their trip. On average, international flights are about $150 more expensive than last year. Many Americans are altering travel plans, opting for closer destinations or forgoing trips altogether. Airlines may maintain higher prices to improve profit margins, and bookings have declined for travel advisers as customers booked earlier when prices were lower.
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