Thanksgiving Travelers Facing Airline Price Hikes

The Vice President of AAA Travel, Paula Twidale, told reporters that although prices for Thanksgiving travel are expected to be higher this year than in 2022, airlines still aren’t flying as many flights as before the COVID outbreak.

The average cost of a domestic flight is expected to be over $680 in November and December, up from $640 in 2022. On the other hand, the cost of going abroad may be lower than expected, at about $1,230. This is a decrease of below 6 percent from the previous year.

According to Twidale, airlines are still working to return to their capacity levels from before 2020, which might drive up prices this year. Airlines have not returned all of their aircraft to operation because of a lack of personnel and the need to train new hires.

Twidale said that delays plagued the industry last year and that flying conditions were atrocious. It forced transportation regulators to request that airlines review their schedules and advise them against taking on more than they could safely manage.

As Twidale noted, they subsequently began cutting back. A rise in price might be expected if capacity is limited. We’re at a new high regarding air travel for the Thanksgiving holiday. It’s the highest level since 2005 and a 2.5 percent increase over 2019.

According to a report, the United States is short 32,000 pilots, mechanics, and air traffic controllers. Not only are flights being canceled and delayed, but airfares are going up since there are fewer flights available.

However, buses, trains, and cruise ships are all back to their pre-pandemic levels of travel.

According to Air Advisor, travelers have been encouraged by a drop in fuel prices of almost 50 cents per gallon compared to the same time last year for the holiday.

However, with the rising cost of essentials like food, taking a trip may not be the best use of your money.

Inflation is still high, so it’s unclear how that will affect consumers’ decisions in 2024.