ATC FEB 2024 /1

A weekly newsletter by TIKET2.
You are in good company with 110,000+ smart travelers from all over the world.

Why are flights
so expensive now? 📈

Airfares soared in 2023 — and this trend has persisted into the current year. Multiple factors have contributed to these escalating costs of flights, including increased demand, constrained supply, inflation, surging fuel prices, restricted airspace, and mounting operational expenses.

One crucial aspect that remains under your control is the timing of your flight bookings. To save money on travel, it’s wise to plan well in advance. The ideal window for booking international flights falls between 2 to 8 months prior to your intended departure date.

Now, let's delve into the primary factors that impact the cost of flights:

Rising demand

With more people traveling in the post-pandemic era, airlines have no incentive to lower prices. Instead, they capitalize on spiked demand and raise prices to make up for lost revenue during the period of 2020-2022.

Limited supply

In 2024 carriers are still operating at reduced capacity after the pandemic. Staffing shortages of pilots, plane crew, and airport workers lead to flight cancellations and delays, affecting the supply even more. With fewer flights, the airlines charges more for the plane tickets that are available.

Inflation

Inflation has a significant impact on flight prices, as it directly increases the cost of fuel and labor for airlines. This can be particularly true for airlines that operate in countries with high inflation rates.

Jet fuel costs

Fuel is a significant airline cost, influenced by crude oil prices, geopolitical tensions, and supply chain disruptions. To cope with rising fuel prices, the airline may pass it on to travelers in the form of a fuel surcharge added to the ticket price.

Closed airspace

Avoiding airspace due to war, political conflicts, extreme weather, or natural disasters make airline tickets more expensive. Airlines may be forced to take longer routes to reach the destination airport – which means higher fuel and labor costs.

Operating costs

The costs of labor, aircraft maintenance, aircraft leasing or purchasing expenses, marketing, etc. significantly increased in 2023 and 2024. As airlines aim to remain profitable, they must factor in these operating costs when setting ticket prices.

Will flight prices go down in 2024?

Historical trends suggest that airfare prices will fluctuate based on the factors described above. As long as the demand for travel is up, so is airfare. After tough years most airlines are in no position to offer discounts for passengers and will likely try to maximize profits in 2024.

How does it affect Air Traveler Club?

The good news is that the increasing airfares have minimal to no impact on our offering. We continue to observe frequent price drops across various airlines, and we remain dedicated to sharing these discoveries with you!

SuperDeals 💎
40%–80% off

We keep a close eye on airfare to over 200 destinations in Asia and the Pacific. When the prices drop, you’ll know! All SupeDeals are 40%–80% off regular prices, and you’ll fly with the best airlines.

Here’s a selection of SuperDeals we sent to our premium members this week:

Visit our website for links and details ⟶

100+ SuperDeals 
available for premium members
Get access for just $7 a month

Today’s airline sales 🎉
and promotions

Here are two examples from our Premium Members collection:

Visit our website for links and details ⟶

60+ promotions
available for premium members
Get access for just $7 a month

Thanks for reading 🙏

What do you think about today’s newsletter? Reply to this email to send us ideas, questions, or feedback.

Safe travels 👋
Maksim

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Maksim Koval
Digital Editor at Air Traveler Club
[email protected]

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