Rome, 11 June 2024 – Dear holidays, history repeats itself, and for the worse. Last year, around this time, we were here talking about most expensive holidays ever. But here is where this year’s flight costs are ready to set a new record: the 2024 holidays will be even more expensive than last summer, with increases up to 68% respect and few reductions on the horizon. This is what the investigation says Assoutientsin collaboration with the Center for training and research on consumptionwhich compared this year’s tourism sector prices with those of 2023.
Dear holidays: flight and ferry prices
Domestic flights skyrocketing
According to the Assoutenti-Cnc simulations, by booking a return flight today, departing on August 10th and returning on August 17th, a family with two children today spends at least 972 euros for the Milan-Brindisi flightrecording a 15% increase compared to the same flight purchased in June 2023. Flying from Rome to Olbia costs 924 euroswith an increase of 15.5% compared to 2023, while the flight Milan-Cagliari costs 770 eurosmarking an increase in 5.6%. For the Rome-Cagliari flight, the minimum price is 686 euros, with an increase of 19.7%.
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Price increases of up to 67% for international flights
The situation gets worse, if we calculate i international flights. A single passenger purchasing a direct flight from Rome in the Maldives pays at least 1,932 euroswith an increase of 44.2% compared to last year. Flying from Rome to Phuket? this year it costs 1,890 euros (+21.6%), while from Rome to Zanzibar 1,842 euros (+8.5%). The Milan-Crete flight costs 477 euros (+6.7%), while they are registered increases of 67% for the Milan-Bodrum flight, of 63% for Rome-Sharm el Sheikh, 29% for Rome-Tenerife and 24.6% for Milan-Mauritius. According to Assoutenti-Crc, which combed through 18 routes, the average increase of rates compared to last year is 19.9%.
Ferries are also increasing
Compared to 2023 the ferry faresInstead, grow on average by 6.3%. For example, a family with two children who decides to travel during the week of August 15th by ferry with a car in tow will spend on average 1,274 euros for the round trip. Genoa-Porto Torreswith a increase of 1.8% compared to 2023; for the route Livorno-Olbia, the cost is 1,094 euros (+6.2%); for the Napoli-Palermo 669 euros (+7.2%); Civitavecchia-Porto Torres 823 euros (+10.2%). The only fare to drop slightly in price is the Civitavecchia-Olbia route, with a decrease of 7.4%.
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The profits of low cost companies
As Il Messaggero reports, Ryanair would close fiscal 2024 with a net profit of 1.92 billion, a growth of +34% in just one year. Continued Easyjetanother low cost giant, which returned to the market in December 2023 positive of 535 million. Don’t miss out Wizz.Air, which in 2024 will have profits of 366 million. Assoutenti speaks clearly: faced with the promise of keeping prices unchanged for the summer, something that doesn’t add up with the profits of these companies.
Antitrust investigates
On the fear of a oligopoly The Antitrust has already been investigating low-cost airlines for some time. We would like to remind you that the proceedings are still open against him Ryanair for alleged restrictions on the sale of tickets to travel agencies. On the other hand, there is always the investigation into the company’s use of algorithms to increase the prices of flights to Sardinia and Sicily.
