The euro is dropping, but airfares aren’t
Your dollar may go further in Europe these days — but you’ll have to get there first.
Airlines know that a weak euro will boost tourism, and they’re raising the price of tickets from the U.S. to Europe, Asia and South America accordingly. On the flip side, airlines are cutting prices on flights originating in Europe to ensure demand remains high.
As fuel prices hit record highs over the past decade, many airlines ditched gas-guzzling jumbo jets for smaller aircraft with fewer seats. A drop in fuel prices may mean that some of those larger carriers return to the skies. That should — and the key word is should — lead to a drop in prices.
Stories You Might Like
Marketplace is on a mission.
We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.
Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?
