Has Brexit sent airfares into a tailspin?

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Flight fares from international destinations to the UK are down by as much as 49% year on year for the month of November

With days to go before a possible October 31 exit date from the European Union, people in Britain are still unsure about what Brexit will mean for them.

Of longhaul routes analyzed, 72% -- or 18 out of 25 -- showed price dives for November 2019, when compared to November 2018. While two transatlantic airlines -- Wow Air and Thomas Cook -- have gone bust this year, he says legacy airlines continue to take fees lower and lower as they try to squeeze low-cost carrier Norwegian out of the market, he says, in a"fight to the death."

And he thinks that Brexit is a major factor in the price drops to the UK."It's entirely natural that demand has dropped [because of Brexit]," he tells CNN."Prices will drop until the demand recovers. But demand always recovers. "If all things were equal, you'd expect flight prices to rise year on year by inflation," he tells CNN -- although he says that factors affecting fares include the price of oil, competition levels on specific routes, the timing of public holidays and"extraordinary events" including terrorism, political unrest, natural disaster and economic distress.

"Vacation prices have definitely dropped due to Brexit concerns," she tells CNN."Earlier in the year, prices for Easter holidays -- the date for which fell just after the original March Brexit deadline -- were some of the lowest ever.Prices slashed for UK travelers tooGABRIEL BOUYS/AFP/AFP/Getty Images

 

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Yes😪

Ya, ppl are just busting down the doors to see the “yellow vest” protest in Paris. Isn’t it odd the media never says a peep about that protest

Fake news.

The fares maybe down but the passenger taxes are not.

No but probably your words just did.

I wonder what could have caused that ?

RichardGeogheg9

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