Source: The Points Guy
Summary
Experts warn that airfare prices are expected to rise sharply due to the conflict in the Middle East, which has led to increased oil prices. Travelers are advised to book their flights now, especially for summer travel, to avoid higher fares. The best way to save money on flights is to fly in August, and Saturdays are the cheapest days to fly. Using points and miles can also help offset the cost of flights. Additionally, credit cards that earn points on gas can help offset the sticker shock at the pump.
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The escape is carefully planned.
Airlines are seeking to pass on higher fuel costs to consumers as soon as possible. United Airlines CEO Scott Kirby expects the impact on airfare to start quickly after the run-up in global oil prices. Travelers can lock in their airfare now to protect themselves from major price hikes, but leave themselves some wiggle room. August looks like the quieter fall “shoulder season” when crowds thin out and discounts open up.
Oil prices are the ultimate travel companion.
Author: Evan Null
