FLIGHTS hit record low prices during the pandemic as desperate airlines offered incentives to get passengers to travel.
However, flights are expected to soar in price this year – for a number of reasons.
Travel expert Eoghan Corry has warned how the long term effects of the Ukraine war will affect prices of flights for passengers.
Fuel, energy bills and grocery bills are already expected to be going up due to the crisis, and it is also likely to affect the cost of your next flight abroad.
Eoghan told RSVP Live that there will be two obvious effects on travel costs in the medium term: "The first is fuel prices because it doesn’t look like it’s stopping and it’s going up."
The conflict has so far caused crude oil to hit $102.48 a barrel – the highest price seen in eight years.
Diesel- of which a fifth of the UK's supply comes from Russia – was already at 152.58p per litre and petrol prices have also hit record highs.
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That isn't the only reason flights could cost more – as the airspace ban will also have a knock on effect.
Eoghan explained that "avoiding Russian airspace" will mean flights to destinations like Thailand will take much longer.
He added: "They will both impact ticket prices.”
It isn't the only reason flights could cost more this year, with Ryanair boss Michael O'Leary warning that demand will outstrip supply for holidays abroad.
This is because many airlines reduced their operations due to the pandemic, with them yet to go back to levels seen pre-Covid.
Jet2 boss Steve Heapy echoed the warning of more expensive flights, adding that environmental taxes will add to this.
And one airline owner previously said flights were too LOW pre pandemic, which is why they will now go up.
Lufthansa boss Carsten Spohr told the Telegraph: "I believe that prices were too low before Covid. €9 or £9 [for a flight] from the UK to Portugal is not healthy for the industry, not healthy for our environment."
Here are six ways to find cheaper flights for you next holiday.
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