Airline ticket prices decreased by more than 47%

Officials of travel and tourism companies said that air ticket prices for some major destinations decreased by rates exceeding 47% during the current period, after rising by rates of up to 100% during the end of the year and New Year’s Day, whether to the Emirates or to some major Arab or foreign destinations.

They explained to “Emirates Today” that this is due to the decrease in demand for travel after the end of the first semester vacation in the country, and the end of the holiday period and New Year’s holidays.

They expected that ticket prices would continue to decline until mid-next March, by rates ranging between 20 and 30%, depending on the destination and date of travel, after which prices would begin to rise coinciding with the Eid al-Fitr holiday at the end of next March.

In detail, the General Manager of Al-Yasmine Travel and Tourism Company, Salah Khaled Salem, said that the current period is witnessing a decrease in airline ticket prices, by rates exceeding 40% compared to the period of the end of the year and New Year’s Day, which witnessed significant increases in ticket prices that reached 100%. Whether to the UAE, which has witnessed a great demand for travel there, or to some major Arab or foreign destinations.

Salem expected that ticket prices would witness further declines during the coming period, after the end of the holiday period, the first semester vacation, and New Year’s vacations, noting that some travelers are still on vacation within the Emirates, as they will travel to their countries during the coming period, and some residents are still in Vacations outside the country.

Salem explained that the prices of round-trip tickets to one of the main Arab destinations rose in some airline companies, to a range between 2,300 and 2,400 dirhams during New Year, while they have now decreased to a range between 1,200 and 1,300 dirhams, a decline of more than 47%, pointing out that reservations The upcoming reports indicate that prices will drop to approximately 1,050 dirhams in the coming days.

He added that the prices of round-trip tickets to one of the main European destinations rose to 3,500 dirhams during the holidays, while they currently decreased to approximately 2,300 dirhams, a decrease of more than 34%, expecting prices to decrease further during the coming period.

For his part, the CEO of Nirvana Holding Group, Alaa Al-Ali, confirmed that travel ticket prices are witnessing a decline of between 30% and 40% in the current period compared to the end of the year and New Year’s period, which witnessed significant increases in ticket prices that reached 100%. To some major destinations due to the high demand for travel.

Al-Ali explained that the current decline is due to the return of students to schools after the end of the first semester vacation, and the end of the vacation period and holidays in a large number of countries, which led to a decline in demand and prompted airlines to offer discounts and benefits in order to increase demand and encourage travel. Pointing out that ticket prices rise or fall according to a main equation, which is supply and demand.

Al-Ali expected that the coming period would witness a continued decline in ticket prices to major Arab and foreign destinations by rates ranging between 20% and 30% depending on the destination and date of travel, coinciding with the decline in demand for travel, pointing out that the current period is the most appropriate for travel in the absence of connections that prevent Traveling is like being associated with schools.

In turn, the sales director of the Happy Line Tourism and Travel Company, Taher Essawi Al-Sheikh, said that returning to schools after the end of the first semester vacation, and the end of the holiday period and vacations in a number of countries, reduced the demand for travel, and thus this led to a decline in ticket prices. Rates exceeding 40%.

He indicated that the prices of round-trip tickets from one of the main Arab destinations decreased by one of the airlines from 2,500 dirhams to 1,400 dirhams, a decrease of 44%, and the prices of tickets on a low-cost airline for the same destination decreased from 1,800 dirhams to about 1,000 dirhams.

He added that the prices of round-trip tickets from one of the most popular Asian destinations decreased from 1,800 to approximately 1,200 dirhams, a decrease of 33%, while ticket prices to another Asian destination decreased from 2,200 to approximately 1,400, a decrease of 36%.

The Sheikh expected that ticket prices would continue to decline until the middle of next March, or the middle of Ramadan, after which prices would begin to rise in conjunction with increased demand in preparation for the arrival of Eid al-Fitr, during which travel activity is very active.

. Managers of travel and tourism companies expected prices to continue to decline until Eid al-Fitr.