September 13, 2018

Labor Day Flights Expected to Be the Cheapest in 4 Years

If you’re looking to take a late-summer break, you'll be happy to hear that Labor Day flights are expected to be the cheapest in four years, according to Hopper, a travel app that forecasts flight prices.flight search real timeOn average, domestic airfare prices around Labor Day weekend are expected to be around $255 this year. In 2015, domestic airfare for that weekend averaged $294, according to Hopper. According to its Labor Day Air Travel Forecast, which Hopper released Wednesday, trips to the southeast from all other parts of the country will have some of the best bargains, with round-trip flights to Fort Lauderdale, Fla., Myrtle Beach, S.C., Orlando, and Atlanta averaging around $200.The low-fare prediction for the Labor Day holiday follows a summer in which the average price for domestic and international airfare has also been the lowest in years, mainly due to the competition the major carriers are feeling from low-cost airlines. Not even a significant increase in the price of fuel, which happened just before the busy summer travel season, did much to boost the price of an airplane ticket. "Oil is getting expensive again, but no one wants to be the first to raise prices,” says Patrick Surrey, chief data scientist at Hopper. Another reason prices have stayed low is that airlines, especially low-cost carriers, get more of their revenue from fees, which shield them from fuel price fluctuations, according to Jay Sorensen, president of IdeaWorksCompany, an aviation industry consultant. So when fuel prices rose, carriers could continue offering cheap airfare, Sorensen said.

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