Travel Prices for airline tickets will increase in 2022
Hotel and airline elite status extensions stretching into 2023 — Full list of extensions and promos
Editor’s note: This is a recurring post, regularly updated with new information. We’ve seen a lot of airlines and hotel chains adjust their loyalty programs in the last year and a half. Nearly every major program announced elite status extensions in 2020. However, some are taking things a step further by also reducing the qualification …We’ve seen a lot of airlines and hotel chains adjust their loyalty programs in the last year and a half. Nearly every major program announced elite status extensions in 2020. However, some are taking things a step further by also reducing the qualification requirements for 2021 — and even extending into 2022 and 2023.
from January, flying will cost more. An increase caused by the increase in the price of oil.
air tickets for those who had planned to travel in 2022. The International Air Transport Association (IATA) announced an increase in airline ticket prices from the beginning of next year. The reasons for this increase are simple. First, the outbreak of oil prices. The price of the barrel doubled in 1 year, from about 40 dollars in November 2020 to 80 dollars this month. The repercussions are felt on airline tickets, whose cost of fuel represents an average of 20%.Fuel reserves soon exhausted
, so usually the airlines can afford to fill this increase, this will not be the case this time. "The airlines have suffered huge losses in recent months, so it is impossible for these airlines to absorb this increase: it will have to be passed on to consumers and this will have an impact on the prices" of the tickets, explained Willie Walsh, the Director General of IATA, during a teleconference in front of the press. Last September, a report from the association revealed a 53.4% drop in air traffic compared to September 2019. For the moment, companies use their kerosene reserves, but these should be exhausted in January 2022. . Professionals are already worried about the possible consequences of this increase on the recovery of traffic.
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What exactly are airline miles, anyway? .
Airline miles. You’ve certainly heard of them. Maybe you rabidly chase them. Or maybe you view them akin to snake oil, in that they entice you but don’t ultimately turn out to be as valuable or useful as you might have hoped. Or, if your job doesn’t require you to travel on a regular basis, …Or, if your job doesn’t require you to travel on a regular basis, and you make most of your purchases with a debit card or non-travel credit card, you might not be familiar with the massive world of airline points and miles.