With the progress of vaccination against the Corona virus and the suspension of restrictions on the entry of foreign tourists in several countries, the demand for international airline tickets has increased, but the average prices for flights to many of the most popular destinations are still cheaper than they were in 2019, before the start of the change in Covid -19 in the global aviation and tourism industry. This was clarified by a survey conducted by the tour search engine Kayak.
According to the survey, even with high demand, some destinations such as the United States, Spain and France are 20% lower than those collected at the end of 2019.
Among the 10 most popular destinations at the end of September, Orlando was the destination with the largest price drop compared to the pre-pandemic period, with a decrease of 28%, followed by Madrid (22%) and Paris (21%). See the table below:
Prices for the most popular international destinations – Photo: G1 الاقتصاد Economy
The survey takes into account searches conducted between September 20 and 30 for return flights between November and December, and compares current prices in riyals with prices collected at the end of September 2019, since in 2020, the aviation sector is almost paralyzed, with several routes . suspended.
At the moment, a file is available Ticket prices are more reasonable than those that were practiced in the pre-pandemic period even with the rise of the dollar. In September 2019, the commercial dollar was priced at around R$4.15, which is well below the current level of R$5.40.
“We have seen a gradual growth in the volume of searches,” says Gustavo Vidovato, country manager for Kayak in Brazil. “People are buying more tickets, there are fewer seats available, so the trend is to increase prices,” he adds.
Kayak data shows that searches for flights to the US have surged more than 300% in recent weeks after announcing the Borders reopen from November for travelers who have been fully vaccinated against Covid-19.
At the end of September, Montevideo was the most sought after destination Copa Libertadores final between Palmeiras and Flamengoscheduled for November 27.
Spain, Germany and Portugal – which also recently announced the removal of restrictions on vaccinated foreigners – have also seen a huge growth in searches for airline tickets in recent months.
According to the airline ticket search, about 120 countries have already opened their borders to travelers from Brazil.
Expensive domestic flights
Domestic airfares have already exceeded pre-pandemic air fares. According to the survey, among the 10 most popular national destinations, average flight values to Rio de Janeiro and Recife are still lower than those announced in 2019.
São Paulo tickets are, on average, 7% more expensive today, compared to the same period in 2019. The highest average price increases occurred on flights to Porto Alegre (29%) and Porto Seguro (25%). See the table below:
Prices for the most popular national destinations – Photo: G1 الاقتصاد Economy
According to Vidovato, the price jumps reflect the movements of supply and demand and the resumption of the sector.
“Many companies still lack all the planes they used to work with. It was domestic flights that saw the biggest growth in searches. So we see some high priced destinations specifically because of the issue of supply and demand,” he says, highlighting that most tourists They continue to exchange international flights to destinations within the country.
Early purchase guarantees better prices
Another survey recently released by Kayak showed that airfares abroad can be up to 47% cheaper for purchases made more than 3 months in advance. For domestic flights, the average price is 58% lower for purchases made just over a month ago.
“What we are noticing is that if people buy in advance and plan better, they will be able to do better deals,” Vidovato says, adding that the trend is for prices to continue to rise due to the increase in demand.
The IBGE data also indicates that airline ticket inflation is accelerating. You are Average prices rose 28.76% in September, after declining 10.90% in August, according to the Expanded National Consumer Price Index 15 (IPCA-15).
The sector estimates that 2022 will remain low in demand
According to the latest figures from the National Civil Aviation Agency (Anac), air transport indicators in Brazil are still almost 20% below 2019 levels.
In August, the Brazilian domestic market carried 5.5 million passengers at stations across the country, 30% less than in the same month in 2019.
In 2022, recovery will remain a challenge for the sector, according to the International Air Transport Association (IATA). According to the entity’s new estimates, global air travel demand (measured as revenue per passenger per kilometer) will remain 61% of the pre-pandemic level next year. In the domestic market, the perspective is that demand represents 93% of that recorded in the pre-crisis period until the end of 2022.
Given the still-challenging forecast, Iata estimates that airline losses should reach $11.6 billion in 2022, versus a loss of $51.8 billion in 2021. Net losses in 2020 were estimated at $137.7 billion.
With vaccination and easing of isolation, the demand for travel packages is increasing
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