US-Stockholm air fares up 20% this year

Higher air fares push US travellers away from Europe

The cost of flights to many cities in Europe is 11% higher, on average, than 2011. Tickets from the US to Paris this summer, priced in January, were 22% more expensive, according to online travel agency, and to London 14% more. Stockholm and Munich are up by more than 20% compared to last year. Some trans-Atlantic return flights cost around $3,000 or more. Air fares could get even pricier as the London Olympics (July 27 to August 12) draw nearer.
The combination of big events, high oil prices, a healthier economy and reduced airline capacity are pushing air fares upwards.
Instead, OTAs report that travellers from the USA are buying tickets to cities like Istanbul where airfares and hotel rates are down by around 5%. Crisis-hit countries like Greece, Spain, Portugal and Ireland are also attracting this year’s American tourists. And many US travellers are looking closer to home instead of Northern Europe – Philadelphia, Boston and San Francisco, for example, where air fares on domestic routes have declined in 2012.
The Wall Street Journal


Check Also

Dallas/Fort Worth, Iceland, Keflavik, airport, route, three, airlines, destination, USA,

Keflavik adds three links to one destination

Three airlines are launching routes between the Icelandic airport and the same destination in the US.

CFM, CFM56-7B, engine, blow, explode, inspection, FAA, order, directive, Southwest, cancel, flights, safe, American, United

US airlines cancel flights to check engines

A radical measure to immediately check engines follows a mid-air explosion last week.

British Airways, BA, Iberia, American Airlines, Finnair, oneworld, transatlantic, routes, flights, basic economy, seating, rules

Transatlantic oneworld flights add basic economy

British Airways, American Airlines, Iberia and Finnair will launch a new ‘basic’ fare on some transatlantic flights.

Emirates, Ryanair, Flybe, Austrian, Virgin, British Airways, easyjet, American Airlines, airlines, load factor, PLF, fullest, planes, aircraft, environment, business, profit

Airlines with best and worst load factor

Flying planes full makes airlines far more profitable, and it’s better for the environment.

Delta, airlines, United, American Airlines, pay, pilots, bonus, wage, profit share, usa, captains

Airline gives employees $1.1bn

Delta Airlines is being generous, and people working for its competitors are not too happy.

Hurtigruten to explore distant new lands

Expedition cruises include Northwest Passage and Franz Josef Land