Airfare from US to international destinations surges to highest level in 5 years

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Airfare to Europe and Asia this summer already reached its highest level in over five years due to continued demand, higher jet fuel prices and lower capacity.

, are averaging $1,817 per ticket, up 24% compared with last summer and up 62% compared to pre-pandemic levels, the data showed.

A United Airlines Boeing 777 takes off at Los Angeles international Airport on Sept. 15, 2020, in Los Angeles, California.Berg said demand for international trips continues to outpace summer 2022 due in part because of travel restrictions. "Last summer demand was primarily focused on domestic trips, as travel restrictions and testing requirements limited access to some countries, while tourism to others remained completely closed," Berg said.Higher available capacity and relief on jet fuel prices pushed domestic fares down nearly 20% compared with last summer. Domestic airfare, which is averaging $306 per round-trip ticket, is up only 6% from summer 2019.

American Airlines planes are seen at Philadelphia International Airport in Philadelphia, Pennsylvania, on June 20, 2022.Domestic prices will peak this summer around the Fourth of July, with trips averaging $349 per ticket, up 17% from 2019. However, that's down from the peak of $420 per ticket last summer.

 

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