Travel demand to Europe exploded this summer, leading to eye-popping airfare of $1,500 a ticket or more for many travelers. But those days are over: We're seeing a return of cheap flights to Europe, with transatlantic fares dipping into the $400s (and sometimes even $300s!) through the winter and into spring 2024.
What is a good cost for a flight?
National average cost of a domestic plane ticket is $382 dollars as of Q1 2023, according to the BTS. In terms of dollar-adjusted values for 2023, the national average cost of domestic plane tickets has seen a notable decrease from $576 in 1995 to $382 in 2023.
What is the average cost of an international flight?
The average summer 2023 round trip from the U.S. to Europe costs $1,167, while Asia trips are at an average price of $1,817, according to a new report from Hopper. Those fares are more than $300 higher than the averages for last summer. Europe flights are 36% more expensive than 2019, when the average price was $861.
How much should I pay for a flight to Europe?
Do prices get cheaper closer to flight?
Timing plays an important part. Specifically, plane tickets usually don't get cheaper closer to the departure date. Instead, flights tend to be the most inexpensive when you book between four months and three weeks before your departure date.
Why is it so expensive to fly to Europe?
"This year they've had the time to really plan European vacations, so we're seeing outsized demand for travel to Europe, but as of May there's still only about 84% of the capacity that was available pre-pandemic." A lot of demand and not enough seats puts immediate upward pressure on prices, she said.
How much in advance should you buy for international flights?
two to eight monthsHow far in advance should you book a flight to get the best deal? The best time to book a flight is one to three months before your departure for domestic airline tickets and two to eight months prior for international flights. “We call these the 'Goldilocks windows,'” Scott Keyes, founder of Going.com, tells AFAR.