Flight Prices to Expect in 2015
Analysis of flight data reported in Preparing for Take Off shows increased demand is met with increased capacity in such a way that these two factors largely cancel each other out across most destinations. Paired with a decline in fuel prices, though, and consumers should see slightly lower air ticket prices to most North American and European destinations in 2015.
That said, in the APAC market, due to increased demand from travelers and a limited supply on the carrier side, travelers should expect a rise in ticket prices in 2015.
Internationally, and most notably in Europe, the rising trend of low cost airlines continues to drive ticket prices lower due in part to the unbundling of services, thus prompting some of the legacy carriers to follow suit.