While ticket prices typically drop at the start of the school year, this year's market has not eased up. Instead, prices are projected to remain steady during the shoulder season — and this is bad news for folks hoping to score a sweet deal on airfare.
But demand for air travel hasn't slowed down — despite numerous delays and cancellations, as well as increasing ticket prices. With high inflation and rising interest rates, however, there could be a "cooling off" of traveller activity. While the summer months saw a spike in air travel, the holiday season comes with extra expenses and people could be inclined to scale back on travel.
Flight delays decrease heading into the fall at YVR At Vancouver International Airport , nearly 30 per cent of flights were delayed in July and 0.6 per cent were cancelled. These figures dropped the following month, with just over a quarter of flights delayed in August and 0.3 per cent of flights cancelled, according to data FlightAware prepared for V.I.A.