Wednesday, September 19, 2012
Airfares expected to keep rising
This morning I was searching airfares to the Philippines for my wife and 2 kids for next year. It doesn't look good as the cost of flying to the Philippines keeps rising and making very difficult to see family in zamboanga, PI. One of the reasons why it's costing more is because of the rising cost of jet fuel. Add to that, the current poor health of the economy along with rising unemployment rates and you have a recipe for high airfares. I researched a round trip ticket from Los Angeles to Zamboanga, PI and it cost about $1400.00 round trip per person. That doesn't include the cost of a shuttle from San Diego to Los Angeles airport but to save money I've decided I will drive my wife to the airport. Not something I really want to do but I don't have a choice. It's getting to the point where it's nearly impossible to travel to see relatives in far away countries because of the rising cost of airfare. After doing further research, travel experts were not surprised to see this and were expecting higher cost. Another reason and maybe the main reason why airfares are so high is because the airline industry has lost billions over the last decade and is trying to make up for the years it went with empty seats.