is it just me, or is it becoming genuinely hard to find a finite priced trans-atlantic flight this summer?
to anywhere over the pond. I've done a fair bit of travel on these routes over the years and I don't ever remember prices this high or schedules this constrained
More like this
...and the Mad Biologist told you so. A while back, I looked at median incomes and median housing prices and concluded that housing prices had to drop twenty to forty percent from their highs.
I love that there is somebody even researching this, but what I love more is that it is imminently more interesting than anything I do.
Back in the spring, when gas prices shot up to well over $4 a gallon in many markets, a level from which they've fallen back somewhat over the last month or so, there was a great wailing and gnashing of teeth. Never before in U.S.
I've already covered the War on Beer, but now, pizza is taking it the chops too. Have they no decency? From the Back Bay Sun:
Do you remember a combination of oil being this high and the dollar this low?
Nope, but for US carriers the exchange rate should be a minor perturbation, and US internal flights are not up by such a large fraction.
I'd expect the oil prices to have a ~ 30% effect on tickets, and I'm not seeing even that on internal flights.
Ticket prices for international flights are set in competition with those of foreign carriers, which charge in GBP, EUR etc. A falling dollar gives US carriers charging in USD room for rises there. If their costs are not rising as quickly, so much the better for their bottom line.
In other words, it's not really international flights getting more expensive, it's you getting poorer.
$1400 from LAX to Munich this summer - ouch.