TUI boss warns cheap flights are ‘never coming back’ – here’s how to still find a bargain
THE era of cheap flights is over, a TUI boss warns – although there are some opportunities to snag a bargain.
airlines such as Ryanair previously offered flights for just £4.99 to destinations across Europe.
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However, Sebastian Ebel, CEO of the Hanover-based TUI group, said there would be no return to the cheap, discounted aircraft tickets.
He told local media: “Demand for holiday flights is outstripping supply, so you won’t be getting these cheap deals for marketing purposes campaigns as before, with occasional exceptions.”
“In 2023 there will be no last-minute summer like before.”
Destinations across the Mediterranean, including Greece, were “virtually running out of beds,” he warned, although there were some destinations that were still available.
Brits should get going Turkey And Spain where there is still capacity, he said.
He also said booking last-minute flights is no longer the way to snag a bargain.
And further: “On the contrary, the prices will be higher rather than cheaper shortly before departure, because the hotel owners and the forwarding agents know that a lot is booked at short notice.”
The increased airfare costs are due to a number of factors, including rising fuel costs, new green taxes and aircraft shortages due to late deliveries and missing planes Flight Crew.
It’s not just TUI issuing the warning, Ryanair’s boss has expressed similar sentiments.
Airline boss Michael O’Leary said holidaymakers won’t see fares as low as £9.99 next year or two because of high oil prices.
Mr O’Leary said: “I don’t think you’re going to see £9.99 flights for a long time.”
Instead of flights under a ten, there’s Ryanair Spring Flight prices started from £29.99.
We’ve grouped the cheapest flights you can find on Skyscanner with return flights to Milan for only £29 and only £32 to get there Valencia and back.
Here’s another clever tool to help you find the cheapest flights.
And one woman flew to Ibiza for a day for just £23.
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