Air travel has become very expensive. So, AirSial and Golootlo joined hands to offer an exclusive 10% discount on all domestic AirSial flights. This discount is available through the Golootlo mobile app or Golootlo debit cards.
The increase in airfare is attributed to several factors: heightened demand, constrained supply, inflationary pressures, soaring fuel prices, airspace restrictions, and airline operational expenses.
Why Have Airline Fares Increased So Much?
Rising Inflation
Inflation substantially influences airfares, as it directly drives up the expenses associated with fuel and labor for airlines. This effect can be exceptionally high for airlines operating in countries with high inflation rates like Pakistan.
Fuel Cost Increase
Fuel constitutes a substantial portion of airline expenditures, and several factors, such as oil price variations, geopolitical conflicts, and disruptions in the supply chain, drive its cost.
To mitigate the impact of escalating fuel costs, airlines typically impose a fuel surcharge, which is added to the ticket price and borne by travelers.
Higher Operational Costs
Various operational costs have substantially increased, including labor, aircraft maintenance, leasing or acquisition, marketing expenses, etc.
Increased Traveling
Airlines are not motivated to reduce fares as more individuals travel after the pandemic. Instead, they are capitalizing on the increased demand by raising prices, aiming to recoup the revenue lost during 2020-2022.
Tips to Save on Air Fare
Book in Advance: Securing your flight tickets well ahead of your travel date often leads to better prices.
Comparison Shopping: Find the best deals by comparing various airline fares.
Get Fare Alerts: Subscribe to fare alert notifications to be alerted when prices drop.
Use Frequent Flyer Miles: Use airline rewards programs and mileage points.
Off-Peak Travel: Fly during non-peak hours and days for cost savings.
Avoid Extra Services: Skip add-ons like in-flight meals and priority boarding to save.
Stay Informed: Watch airline promotions and flash sales for discounts.