Return flights to some of UK holidaymaker’s favourite destinations have dropped by up to 67%, according to new in-depth analysis by travel search engine, Kayak.
Prices have dropped by 22% across the board on average over a year long period, but some destinations, such as Crete and Corfu have seen more abrupt drops in price.
Flights to the two Greek islands have dropped by 62% and 67% respectively since a year previously.
Searches for Crete and Corfu rose by 345% and 238%, suggesting that more Britons are heading there, however Kayak claims the growing interest has been due to falling prices, with the average return flights now costing £63 and £70 respectively.
The favourite flight search remains New York for Brits, according to the research, which also found that the average return flight from all of the UK airports to the US city is £415, 9% cheaper than at this point last year.
One of the biggest movers when it comes to the most searched destination for flights was Reykjavik in Iceland, which rose by 39 places to become the fifth most searched for destination – beaten by Bangkok, Barcelona and Amsterdam respectively.
The increase is thought to be down to a fall in the average price of flights to the Icelandic capital, which have halved – from £175 to just £89 – due to an increasing number of flights from the UK.
Pisa in Italy was the highest new entry, coming in at number 23 on the list, which was helped by a drop of 55% in flight prices, while Denpasar in Bali at number 36 and Naples at 47 also appeared for the first time.
There are a number of other destinations which have become far cheaper to travel to as well, including Faro where average flight prices dropped 41% and the party-island of Ibiza, which saw a 58% decrease.
According to Kayak the drop in prices is due to a number of factors, including competition between airlines, fluctuating demand for flights, and lower fuel costs for aircraft.
If you’re thinking of travelling abroad this year, be sure to organise your student travel insurance in advance.
Date Created: 02/08/2016