Due to Coronavirus, the prices of air transportation in the world have fallen drastically. Currently, there are several favourable offers for flights between the US and Europe, reports Forbes.
For example, search Google for a flight from New York to Paris and you'll find surprisingly low prices from leading airlines such as American, United States, Delta and Air France, where round-the-clock fare is just $ 284. Good times right?
It needs to be noted that the same airline may charge $ 3,000 for a one-way flight, while 280 price of the US dollar is more in line with the prices of low-cost airlines, for example, the Norwegian one-way ticket (currently the airline's proposals for round-trip tickets $ 380, depending on the from dates). Surprisingly, the fall in air travel coincides with the outbreak of coronavirus at these destinations. For comparison, a few years ago the same flight from Paris to Los Angeles cost $ 780. During this time the cost has been reduced more than twice.
You must visit the airline's website to receive these offers. For example, a $ 285 $ Delta Return Ticket (or Ticket to Return) for a $ 385 Home Cabin or $ 434 for Comfort +). All ticket aggregator, Momondo, shows the lowest price on Delta Delta return tickets on the same date at $ 433.
Major airlines offer round-the-clock flights to Europe at low prices
In Europe, Lufthansa ' Flights to Europe from 87 euros ' actually offers round-the-clock passengers, even at prices as low as 59 euros (and tickets at 87 euros to Frankfurt - Paris or Frankfurt - London and back). Such a pricing policy that you can expect, with the exception of EasyJet or RyanAir. Until you last, There is a discount on the deal, but it is still difficult for them to exceed the Lufthansa ticket price for the Frankfurt-Paris flight.
US domestic offers
There are also offers for US round-the-clock flights. Flights from New York to Chicago United March and April will cost $ 123, while Frontier Airlines will charge $ 51 for a 24-hour roundtrip New York-Miami flight in April.
A quick look at Airfarewatchdog.com in the Airline's Offer section shows that many domestic flights are priced at $ 26-49.
These kinds of suggestions continue to come because people are afraid of contracting the coronavirus. When people get nervous on business trips and cancel or cancel their vacation plans, the consequences for the aviation industry are enormous. Consequently, airlines are forced to offer competitive prices in the face of competition for empty aircraft.
In fact, airlines have been hit twice. Firstly, passengers refuse to travel, and secondly, they have to cut their flights in certain directions.
Ironically, at the same time, the virus destroyed thousands of vacations, but also created an opportunity to rest at lower prices. According to Travel Supermarket, travel prices are falling, and with them airfares. The report says current prices are down by about a quarter or a third of the regular price at this time of year for destinations such as Greece, Thailand, Saint Lucia, Turkey and Spain.
Airlines Going Bankrupt
The coronavirus pandemic will lead to the bankruptcy of most airlines by the end of May if governments and the aviation industry do not take joint measures to avoid such a scenario, says an aviation consultant, quoted in a Bloomberg analysis.
Most companies have already gone into technical bankruptcy or have substantially breached debt settlement agreements. The carriers have exhausted their cash reserves after the planes have been recorded on the ground, and the flights that are still possible are half-empty, says the CAPA Aviation Center , a consulting firm based in Sydney.
The analysis predicts that the largest airlines in the United States, China, and the Middle East will survive the crisis, most likely due to support from national governments or efforts made by employers.
Airlines were among the hardest hit by the spread of coronavirus which effectively stopped air traffic. Operators on all continents have reduced their capacity, and some companies have begun to lay off their employees.
The industry could lose $ 113 billion in revenue this year, the International Air Transport Association estimated last week.
Comments