Anyone seeing any downward movement on flight fares?
4,019
views
6
likes
94
all likes
34
replies
0
images
24
users
TLDR : Answer Summary
The community discussion reveals mixed insights on flight fares for travel to and from Thailand. While some have reported slight decreases in domestic fares and special deals from airlines like Thai AirAsia, others mention that overall prices have remained high due to ongoing economic factors such as rising fuel costs and geopolitical issues influencing supply. There is an optimistic outlook for airline profitability in 2023, suggesting potential fare increases in the near future. Users also emphasize the importance of monitoring prices regularly and utilizing flight alerts to find the best deals.
Lindsay ******
Paid 870 return nov 20 to Feb next year Eva airways direct flight you just have to keep checking prices they go up and down all the time. Have a price in mind of what you will pay. Since I booked a month ago the price went down at one stage by 100 pounds then jumped up again. Get flight alerts for your dates. This included 2 suitcases in price which I required other airlines would have charged a lot for 2nd suitcase so for me this had to be weight up when looking at prices
Graham *********
No..prices are way to high....thats international
Ivan *********
The reality is that is the law of Supply /Demand ?
fuel prices have gone thru the roof , many airlines now have to re-route due to ongoing hostilities in Ukraine , so nothing to do with Russia as you say !!!
so give me your reasons then , it would be very interesting to hear them !!!
Reply to
Kevin *******
Reply
Andreas **********
was cheaper 4 me too buy multi entry 16 month visa and stay on rather than flight return lol
Martin ********
Not really, a lot still well over priced
John *******
No good getting stressed out over airfares it is what it is only 2 options you pay and go or stay home and feel miserable like thai girls say up to you Chokh di
Dar *****
If demand drops so will prices - it’s a free market economy
James **********
Prices haven’t really changed much for years. Maybe now it’s time they will
Dave ******
Some airlines are offering black friday specials, so keep checking.
Eric *******
I think he meant no.
Kevin *********
Turbulence?
J ******************
Thai Airasia had some deals going. There are too many things going on pushing prices up to enable prices to go down
Gary *********
You’ll never see decent prices, as there was before 2020.
Many flights are operating at full capacity even at higher prices, so there's absolutely no incentive for airlines to drop prices. Could be years before we ever see the standard cheap fares that we used to pre-covid (if ever). People have to go back to the far distant old days, scouring the internet looking for the random one-off deals and grabbing them whilst they can
Reply to
Steve ********
Reply
Steve ********
Got a good price from Bangkok to Phuket last week. 1180 baht. Three weeks ago it was around 1410
Yeah, I'm also seeing fares for about the same amount less than just a few weeks ago. A little sign of hope, maybe.
Reply to
Greg *********
Reply
Phil ********
Generally speaking, off the cuff, for international ticket prices, I'd say that there's an upgrade to the Thai market outlook for the airline industry’s 2022 financial performance as the pace of recovery from the COVID-19 crisis quickens. Forecast highlights include:
Industry losses are expected to reduce to -$9.7 billion (improved from the October 2021 forecast for an $11.6 billion loss) for a net loss margin of -1.2%. That is a huge improvement from losses of $137.7 billion (-36.0% net margin) in 2020 and $42.1 billion (-8.3% net margin) in 2021.
Industry-wide profitability in 2023 appears within reach -- already expected to deliver an $8.8 billion profit in 2022.
Efficiency gains and improving yields are helping airlines to reduce losses even with rising labor and fuel costs (the latter driven by a +40% increase in the world oil price and a widening crack spread this year).
Industry optimism and commitment to emissions reductions are evident in the expected net delivery of aircraft in 2022.
Strong pent-up demand, the lifting of travel restrictions in most markets, low unemployment in most countries, and expanded personal savings are fueling a resurgence in demand that will see passenger numbers reach 83% of pre-pandemic levels in 2022.
Despite economic challenges, cargo volumes are expected to set a record high of 68.4 million tonnes in 2022.
Airlines are resilient. People are flying in ever greater numbers. And cargo is performing well against a backdrop of growing economic uncertainty. Losses will be cut to $9.7 billion this year and profitability is on the horizon for 2023. It is a time for optimism, even if there are still challenges on costs, particularly fuel, and some lingering restrictions in a few key markets, such as Thailand. Therefore, prices will rise in the near future and onward into 2023.