Summer Airfares to Domestic, European Destinations Drop
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iStock/Thinkstock(ARLINGTON, Va.) — If you’re flying somewhere this summer, you might be able to save a few bucks.
According to a new survey out Monday, the average cost of a domestic flight between the Memorial Day and Labor Day holidays is $453.87, down $2.01, or 0.4 percent, from last year.
If you’re traveling to Europe, you’ll save even more, Airlines Reporting Corp.’s survey finds. The average airfare to European destinations is $1,618.64 compared to $1,669.36 in 2014, a 3 percent drop.
“We’re seeing fares fall to Europe from the U.S. this summer chiefly because there’s been a 6 percent rise in available seats, and airlines are competing to fill those additional seats,” Chuck Thackston, the managing director of enterprise information management at ARC, said in a statement. “When you add the dollar’s strength versus the Euro, airlines want to capture this additional demand with lower overall fares.”
Domestically, airfare to Kona, Hawaii saw the biggest drop from 2014, falling 12.7 percent. In Europe, flights to Belgrade, Serbia experienced the greatest plunge, tumbling 24.3 percent.
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