The window for finding cheap fares to Europe is closed.
The Biden administration announced on Monday that in November the United States will begin allowing vaccinated foreigners from 33 countries, including the United Kingdom, China and the European Union, and easing rules set in the pandemic.
This is great news for airlines eager to boost revenue after a historic drop in demand for the most popular routes before the Covid-19 pandemic. Several EU member states have welcomed American tourists for several months after the vaccination became widely available, but this was not rewarded by the United States.
“So far there has been an increase in travel bookings due to regulation, and a similar response is expected here,” Conor Cunningham, executive director of MKM Partners, said in a research note to investors. Rice field.
As demand for transatlantic travel increases, bargain hunters who want to take relatively cheap flights may be out of luck.
According to fare tracking company Hopper, round-trip flights from the United States to Europe, including the United Kingdom, cost about $565, which hasn’t been seen in nearly five years of data collection.
Fares have dropped 15% since August 30 after the EU advised member states to revive the US travel ban. However, this recommendation is not binding and US travelers can continue to visit many countries if they meet requirements such as certification. COVID-19 vaccination or recent negative COVID test (if not a combination of both).
Hopper economist Adit Damodalan said the travel ban was lifted and airfares from Europe to the United States and from the United States to Europe increased as more travelers recognized the EU notice as a “soft advisory”. . He said he hoped it would go up.
Airlines did not immediately say whether to add flights in line with relaxed US travel rules, but countries such as Iceland, Croatia and Greece began allowing US visitors earlier this year. At that time, the airline stormed with additional services to the destination.