Airfare Sale Going
August 9, 2011 by staff
“We definitely get higher rates and higher. They were to go up once or twice a month, a nickel here and a penny there,” the Los Angeles Times quotes Tom Parsons at BestFares.com as saying.
Parsons said the cheapest available one-way ticket from Los Angles in Frankfurt, Germany, in early May this year was 1067 and, compared to $ 499 for the same week two years ago.
Airlines are pointing to fuel costs as the main reason for the frequent price increases. Jet fuel cost 49 percent more than in 12 months, the newspaper said.
“At the end of the day, airlines are trying to keep pace with the rising cost of doing business,” said Steve Lott, a spokesman for the Air Transport Association.
The average price for a ticket on a domestic flight could reach $ 390 this summer, against $ 302 in the summer of 2009, the sector forecasters said. Experts said international flights would be the highest price increases.
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