8 reasons why airfare is always expensive during the holidays

Tourists in other countries also face skyrocketing airfares during each holiday due to high demand, limited seats, and sharply increased service fees.

Not only in Vietnam, people around the world also face high ticket prices during the holidays. Wander Secure, an expert from the online travel service platform Aeronfly based in India, gives 8 reasons for this problem.

Economy class tickets of Vietnam Airlines and Vietjet. Photo: Anh Tu — Economy class tickets of Vietnam Airlines and Vietjet. Photo: *Anh Tu*

Increased demand

Festivals such as Christmas, New Year and other holidays are the time when many people want to travel the most because of the long break. They want to go sightseeing, relieve stress after stressful working days or reunite with family, spend time with relatives. The high demand for air travel has pushed up ticket prices.

Limited seats available

Airlines have a certain number of seats on each flight. During the holidays, these seats are often booked by many passengers at the same time. The empty seats will be filled quickly and airlines can charge a higher price for the remaining seats.

Many people buy tickets in advance

Many travelers plan their holiday trips in advance because they believe that buying tickets 2-3 months in advance will be cheaper than buying them close to the date, leading to fewer available seats. Many airlines often apply a dynamic pricing strategy to increase ticket prices as the departure date approaches and demand increases.

Peak season fee

Airlines often designate certain times of the year as "peak season" or "holiday season", during which ticket prices will be higher.

Operating costs

Airlines may incur higher operating costs during peak travel seasons. Increased passenger traffic means airlines need to hire more staff, handle more baggage and provide additional services. These additional costs may be passed on to passengers through ticket prices.

Law of supply and demand

This rule plays an important role in ticket pricing. When demand is high, airlines are more flexible in charging higher prices because travelers are willing to pay more for a suitable flight date and destination during their trip.

Seasonal routes

Many airlines operate special seasonal routes to cater to holiday travel demand. These routes may be limited in number and more expensive due to their temporary nature.

Industry practice

The airline industry has adopted revenue management strategies that involve adjusting fares based on factors such as booking time, route popularity, and flight duration. They will use algorithms to maximize revenue. Therefore, peak season price increases are considered "normal".

In addition, travel experts also give tips for travelers to buy the best tickets during peak season such as booking tickets in advance to have the opportunity to buy cheaper tickets, being flexible with flight dates and times, using price comparison websites and applications to find the best deals, and registering to receive price alerts from airlines and travel agents to know in advance when the prices are cheap.

“Flight fares may be higher during the festive season but the joy of spending time with loved ones can make the cost worthwhile,” says Wander Secure.

Anh Minh (According to AeronFly )

Source link