Air Fares Spike Almost a Quarter on Average in Wake of Ryanair Cancellations and Monarch Collapse

Airplane - cherezoff/iStock/Getty Images Plus/Getty Images
Photo by cherezoff/iStock/Getty Images Plus/Getty Image

by Ashley Kirk and Bradley Gerrard, The Telegraph, October 5, 2017

Last-minute flight prices have rocketed nearly a quarter on average in the wake of the collapse of Monarch Airlines and the swathe of Ryanair cancellations.

Data from travel website Skyscanner has shown European average flight prices for October have risen 23pc as passengers scramble to find alternative flights for their getaways in the coming weeks and months.

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Last-minute flights have soared since the cancellations

Hayley Shearer, growth manager at Skyscanner, said the company had seen a “spike in traffic” which she attributed to people trying to make new travel arrangements.

Prices on flights to Dublin, Milan, Malaga, Alicante and Barcelona have all spiked in October although rises are less pronounced in the coming months for the time being.

Ms Shearer added that while most destinations in Europe had seen an increase in their average flight price for immediate travel, “most return to normal or even see prices drop for travel in January and February”.

Air travel price hikes by distance

According to the Skyscanner data, Dublin is the location that has seen the largest increase for flight prices in October. There has been a 42.9 per cent hike in October prices, from £74.46 before 15 September to £106.39 after. 

Those hoping to go to Malaga will be similarly disappointed, with the average price of flights increasing by almost a third since 15 September - now at £109.77. 

Of the five locations Skyscanner provided data on, Barcelona had the smallest increase in flight prices - however the popular tourist destination still saw an a hike of 16 per cent for October flights, from £91.39 to £105.97.

 

This article was written by Ashley Kirk and Bradley Gerrard from The Telegraph and was legally licensed through the NewsCred publisher network. Please direct all licensing questions to [email protected].

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