"While picking through the Google Flights options, several of them reached the daunting realization that their basic economy tickets would cost them somewhere between $600 and $700."
"Did I think it would make sense to hold off on booking in the hopes that the Iran war would reach a resolution, ships would once again sail freely through the Strait of Hormuz, the price of oil would fall, the price of jet fuel would follow, and the ticket cost of a crisp round trip across most of the continent would be less than $684?"
""To me, that's like trying to time the stock market," Michael Taylor told me. He's a longtime airline adviser and travel researcher who is now a senior managing director for travel and hospitality at J.D. Power, the big market intelligence business that runs an annual airline satisfaction survey."
"OK, then. Don't try to outsmart the market. If you need to book flights for summer travel, you might as well make the call now, and either do it or decide that oil prices have made the tickets too rich for your blood. It might sting-but there is good news, in that prices won't be this high forever. There is also bad news (pointless and failing w"
Basic economy tickets for a summer trip to Toronto from multiple U.S. cities were priced around $600 to $700. A question arose about whether booking should be delayed in hopes that geopolitical tensions would ease, oil prices would fall, and jet fuel costs would drop enough to reduce fares. An airline adviser compared waiting to timing the stock market, implying that predicting war outcomes and their effect on fuel and ticket prices is unreliable. The guidance was to avoid trying to outsmart market pricing. If summer travel is needed, booking now is recommended, or alternatively deciding that current prices are too high. Prices are expected to change over time, but waiting offers no guarantee of improvement.
Read at Slate Magazine
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