Families face 25% price hike for holidays as jet fuel cost rises with fears Brits will have to CANCEL overseas trips

BRITISH families hoping to holiday abroad face a 25 per cent hike in air fares due to the rising cost of jet fuel.

Prices for some flights will continually rise by an average of 5 per cent each month, experts say, with fares significantly higher than the same period in 2019.

1

The price of oil has spiked 68 per cent in the past 12 months – meaning the costs to operate flights are now soaring, aviation experts say.

It is likely to have a direct impact on the pockets of consumers who will potentially be forking out hundreds more on a family holiday.

Brits paying for a return flight from London to Orlando would previously be looking at £918.

But now according to research from travel app Hopper, they will have to fork out a whopping £1,148, reports The Mail on Sunday.

Latest data also shows that a family of four travelling from London to Majorca in August would pay £600 for flights.

This is an increase of an extra £120.

Most read in News Travel

Independent aviation consultant Chris Smith said “the fuel price will wash directly through” to fares as airlines had been “left with little choice but to pass these costs on to passengers.”

He added some Covid-weary passengers would swallow with the added costs to get away.

He said: “People who would normally go on holiday three or four times a year haven’t been able to go.

“They will want to resume normal operations as soon as they can.”

However, the rises will cause dismay to struggling households already battling increased energy and heating bills.

It has prompted fears that some Brits could inevitably be priced out of holiday trips abroad.

The UK boss of Air France-KLM last week warned that higher air fares had become “quite unavoidable.”

Fahmi Mahjoub said passengers should brace themselves for costlier trips resulting from higher fuel and airport costs.

He said: “The increase in cost of living is a very concrete issue for many households but also the airline industry.

“So I think there is an expectation that airline tickets could become more costly and I think the advice we have for customers is simply to plan earlier to be able to avoid those price increases.”

Read more from the source page