As any avid traveler knows, there is little that can be done to reduce the high cost of plane tickets but sometimes flying is an inevitable part of the journey at hand. While ground transportation may be an economical option in many circumstances, it remains unpractical in others. Needless to say, the cost of airfare is a major concern for international travelers who would prefer to spend their money at their destination rather than in getting there.
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There has been some recent good news on that score as falling fuel prices may eventually lead to somewhat lower plane fares in North America. This is even truer for United States carriers than Canadian ones due to the various fluctuations in currency and exchange rates. However, flights in both countries could conceivably experience at least minor price declines. This will no doubt help make some destinations more affordable for travelers and assist those who are planning international excursions. Of course, this new pricing won’t be taking full effect until sometime in the spring at the earliest but savvy travelers should nonetheless keep an eye on their favorite routes. After all, airplane companies often purchase their fuel months in advance and this means that price breaks take a while to filter down to the consumers.
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At the moment, it does remain uncertain how much the lowered fuel prices will ultimately affect travelers. Plane tickets are still rather costly. Yet it seems the airline companies are using their additional profits from the downturn fuel costs to upgrade the amenities they offer to their customers. Thus traveler comfort levels are sure to improve even if the rates are the same as they were previously. It could further be assumed that with airline companies making a sizeable profit on the downturn in prices, ticket prices are unlikely to rise in the near future. Therefore, vacation planners may be able to take their time in buying plane tickets even if they aren’t likely to experience significant cost reductions when doing so.
Oil prices affect travel.
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Sources: Global News; Fortune; New York Times
