What do you all think? Will this ash situation impact the price for airfare? Saw on the news that with 7 million people stranded, some of the smaller airlines may have to close up shop. I am wanting to go to Italy in Nov/Dec and tickets are running between $660 & $750. I was going to wait til late summer to buy a ticket but now I am wondering if I should do buy it now.
Posted by
Centennial, CO, USA
1895 posts
Don't forget to purchase trip insurance when you buy your ticket---at least within 2 weeks of the purchase...even if the fare is $750 - ask yourself if you can afford to loose that amount.
Posted by
OP
St Petersburg Florida
951 posts
Delta has it going on this year in regards to having the cheapest winter airfares when compared to the other airlines. For travel leaving Nov 18 to Milan and flying back on Dec 3 from Rome, $686 is the going rate.
I am afraid that due to the financial set back the airlines are going thru, airfare will not be this good when I am ready to purchase it in the summer, like I usually do. I know the ebb and flow of airfare and I watch it like a hawk starting January, when I figure out where I am going next. Since January, fares have dropped for the time of year that I like to travel. I just don't want this ash to effect me and my plans to fly this winter with jacked up airfare to make up for the money loss.
Posted by
Los Angeles, CA, USA
1449 posts
The airlines already spend a fortune on computer software and market research to ensure they extract every dollar they can from the traveling public. So the answer is no, it won't go up to compensate for anything; if they could get higher prices to recoup expenses, they'd gladly raise the prices if expenses didn't go up to increase profits.
That said, if the volcano causes smaller carriers to go out of business that will affect overall supply, and if supply/competition changes so do the prices airlines can sell tix for.