Airfares from USA to Europe Rise with Fuel Costs
By DAN REED, USA TODAY
Feb. 19, 2008
Americans flying to Europe in spring will be paying more — in some cases, a lot more — largely because of skyrocketing fuel costs.
An analysis for USA TODAY of ticket sales through Sabre, the world’s largest distribution system, shows that the average price paid through Jan. 31 for U.S.-Europe air travel in April or May was 6.9% higher than during the comparable periods in 2007.
The analysis looked at round-trip sales regardless of fare categories.
Travelers are paying those higher prices despite a 10.3% expansion of trans-Atlantic flying capacity by the airlines. Typically, when the supply of a product rises, prices rise little, if at all.
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