Quantum rise in price of airline fares

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KUWAIT CITY, Feb 13: The prices of air tickets to various countries increased in the past few days – up to 120 percent increase for some destinations – due to the high demand from citizens and expatriates who are planning to travel during the national holidays, reports Al-Jarida daily. Some travel agencies expect air ticket prices to increase gradually in the next few days until mid-March, while the price index will begin to gradually decline until prices return to what they were before the holiday.

A number of travel agency owners told the daily that the increase in ticket prices at this time is normal, attributing it to the law of supply and demand; especially since reservations have witnessed a significant increase in conjunction with the continuous decline in the number of coronavirus cases and assurance from officials that there is no intention to close Kuwait International Airport again.

This news has been read 43011 times!

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