Europe Expects Smoother Summer Travel Season, But Higher Airfares Here to Stay
European travelers and airlines are preparing for a summer travel season with fewer disruptions compared to the chaos experienced last year, as the aviation industry adapts to post-pandemic conditions. Airports and airlines have made significant efforts to coordinate operations, minimize disruptions, and accommodate passenger demand. Although overall European air passenger traffic is still below pre-pandemic levels, some markets have fully recovered.
Demand for air travel remains strong, with May seeing a 16.2% year-on-year increase in total passengers, according to Airports Council International (ACI). However, flight prices have significantly risen since the pandemic, surpassing the rate of inflation in Europe. European airfares in May were up 36% compared to the previous year, despite eurozone inflation being at 6.1% for the same period.
Experts believe that airfares are likely to remain higher than pre-pandemic levels due to factors such as increased carbon emissions costs, inflation, and rising labor wages for airline staff. Low-cost carriers like Wizz Air and Ryanair may benefit from this trend as passengers seek cost-effective travel options.
Ryanair CEO Michael O’Leary previously stated that the era of ultra-low-cost flights, such as €10 flights, was coming to an end, with fares expected to increase gradually over the next few years.
Travelers can expect higher ticket prices but a more stable and less disrupted travel experience during the upcoming summer season.