In general airfare has been extremely high the past couple of years, given the number of capacity cuts we’ve seen in the airline industry. That’s a bit puzzling to consumers given how low the price of oil has been. Ultimately the cost of airfare isn’t tied to the cost of providing the service, but rather is simply a function of supply and demand.
The good news is that demand is dropping at the moment, in particular for international travel. With the weak Euro and strong Dollar, I expect we’ll see some great fares between the US and Europe this fall (the same is true for travel to China, and other areas around the globe).
In terms of disproportionately good fares, American has some amazing fares between the US and Europe at the moment, which certainly won’t last.
The very best fare is for travel between New York and Dublin, where we’re seeing fares as low as ~$335 roundtrip:
If you look at the fare basis, you’ll see that the fare is 50 cents each way, plus taxes and fuel surcharges (admittedly fuel surcharges are a BS “fee,” but still, it’s funny to see a $1 roundtrip base fare):
There are similar 50 cent base fares published in other markets, though the fuel surcharges are a bit higher. For example, there are sub-$700 fares between Los Angeles and London:
And then there are ~$640 fares between New York and Paris:
These fares seem to be valid for outbound travel between September and March, and a 14 day advance purchase is required. There are tons of valid city pairs, and certainly not just the cities above. Basically if you want to fly between the US and Europe between now and next March on American, take a look at fares now.
The best thing about cheap fares on American is that all paid fares can be upgraded using systemwide upgrades, which Executive Platinum members get eight of per year (and often even more). Flying to Europe in business class for under $350 is an incredible value.
These fares won’t last, so if you’re interested I’d recommend booking as soon as possible. You’re best off booking the fares directly on aa.com, though you can use ITA Matrix to search space, as it’s a bit easier to use and allows you to search space for about a month at a time.
Do you plan on taking advantage of one of these cheap fares to Europe on American?
(Tip of the hat to The Flight Deal)