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Anyone seeing big price hikes for flights later this year?

I have a round trip, premium economy flight from Denver to Istanbul that I have been monitoring on Google flights for dates in September 2020. I get email updates when there is a price change. Before the pandemic, I was monitoring the price and had anticipated buying a ticket about now, or in April.

A month ago, and for several months prior, the price for the flight was stable, in the narrow range of $1100 to $1400 or so.

A week ago, it jumped to $1900.

And today, it jumped to $3100.

Just curious if anyone else is monitoring a flight, some 5 or 6 months out, and seeing anything similar? I am no longer planning on taking this trip, but I will continue to monitor the price out of curiosity.

Bizarre stuff...

Edit 3/20: price just dropped to $2500. Wild gyrations, no real sense to any of it. Fun to watch...

Posted by
145 posts

One thought: all these folks who are rebooking cancelled flights and tours for later in the year using a time limited voucher/credit, a trip which seems risky to me, I wonder if they are encountering high prices like this? Have they even looked at flights? What are they finding?

Posted by
767 posts

I think some of this bizarre stuff might be the airlines' revenue management algorithms struggling with the current situation. I'm also doubtful the airlines have the time right now to focus on tweaking those algorithms.

Posted by
306 posts

I've had Google flight alerts set for Venice and Lisbon for this October. The prices keep increasing. Even if prices dropped significantly, I am not sure I would jump on it now. Too many unknowns about the virus.

Posted by
145 posts

Mary, I agree with you: too many unknowns to book flights for the fall.

And no way I am paying the prices I am seeing for flights anyway.

Hoping for the all clear in 2021...

Posted by
145 posts

Eric, I suspect it is the algorithms running amok, too.

Posted by
5038 posts

I've had Google flight alerts set for Venice and Lisbon for this October. The prices keep increasing.

Think about what's happening right now:

  • Massive numbers of people are canceling flights coming up (many of the flights themselves are probably canceled).
  • All those people are trying to rebook for later dates...probably much later (expecting "normal" to return before the fall seems pretty unlikely to me)
  • More people chasing fewer seats: demand expanding dramatically, supply shrinking even more dramatically. It should not come as a surprise that prices are spiking.

The world has changed. A lot. Expect more of this.

Posted by
712 posts

Any time I've followed flights on Google, I have seen this, and it was pre-virus. Did you check the other days of the week before and after your targeted flight?
Good luck!

Posted by
767 posts

And it's certainly not every flight to every country. Just did dummy booking on Delta roundtrip LAX-FCO for late September--plenty of one-stop options in the $665 range in regular (not Basic) economy. Also, LAX-CDG--$515, non-stop each way. These are total prices.

Posted by
4029 posts

I won’t be booking any flights for this year at present. Some airlines may fold plus who knows where we will be with the Coronavirus situation.

Many will be nervous of flying initially and there are likely to be better deals once airspace reopens. I am sure going forward that insurers will be changing their policy wording to ensure that they are excluded from something similar happening again so we will have to take the financial risk.

Posted by
1177 posts

Concur with the others, particularly the uncertainty as to what this virus will be doing later in the year. I could see a lot of people re-booking flights from spring to fall in an attempt to out smart the virus.

Posted by
1465 posts

This kind of stuff was happening in the fall. We were booking for Sept. 2020 and there’s was a huge variance one day. Other friends were looking at different time and different destinations and had the same experience. We then checked a few days/week later and prices had dropped back again, so keep checking.

Posted by
2837 posts

Wild gyrations, no real sense to any of it. Fun to watch

Are you sure it wasn't the stock market you were watching?

Posted by
145 posts

Are you sure it wasn't the stock market you were watching?

Minus the "fun to watch" part, it is the same thing, isn't it?