The delicate Argentine economic situation It is also reflected in the sector of tourism. The sharp price increases They are still in the country, but below the inflation: domestic flights are 61% more expensive than in 2022 and international flights have a cost 112% higher this year for traveleraccording to the annual report of the Viajala flight search engine.
The portal presented the conclusions of the 2023 Barometer, for which it carried out a diagnosis of the air marketof the traveler behavior and of the price variation this year.
The study used its own algorithm to analyze almost 30 million flight searches made by users of the site in the different cities of Latin Americabetween January and November 2023, and compared them with these same months of last year 2022, to analyze the movements of the tourist market.
Travel x-ray: continuous price increase and the impact of the dollar
The study observed a increase in the average price of round-trip domestic flights of a 61%in relation to the same period of the previous year, while the round-trip international flights are 112% more expensive on average this year than in 2022.
Although they are important, the increases in ticket prices are about below year-on-year inflation which is already 142% in Argentina. According to the study, one of the factors that has the most impact on the sector is the dollar price which has multiplied since the beginning of the year.
“Some of the main aviation costs are dollarizedsuch as fuel, maintenance and airport fees,” explained the CEO and founder of the flight search engine, Thomas Allier. “When there is a constant upward trend in American currency, these costs still make more pressure on ticket prices“he added.
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National routes that increased the most in price in 2023
For round trip flights
- Resistance – Buenos Aireswith prices 122% higher than in 2022 on average (from $22,294 to $49,492)
- Buenos Aires – Mar del Platawith prices 114% higher than in 2022 on average (from $18,124 to $38,753)
- Buenos Aires – Formosawith prices 109.5% higher than in 2022 on average (from $27,687 to $58,005)
- Gallegos River – Buenos Aireswith prices 105.5% higher than in 2022 on average (from $26,422 to $54,314)
- San Juan – Buenos Aireswith prices 98% higher than in 2022 on average (from $22,497 to $44,478)
International routes that increased in price the most in 2023
On round trip flights
- Buenos Aires – Madrid (Spain)with prices 109.5% higher than in 2022 on average (from $273,117 to $572,601)
- Buenos Aires – Rome (Italy)with prices 106% higher than in 2022 on average (from $272,248 to $561,012)
- Buenos Aires – Milan (Italy)with prices 102% higher than in 2022 on average (from $260,452 to $526,988)
- Buenos Aires – Rio de Janeiro (Brazil)with prices 95.5% higher than in 2022 on average (from $85,650 to $167,353)
- Buenos Aires – Bogotá (Colombia)with prices 94.5% higher than in 2022 on average (from $120,751 to $234,963)
According to the expert, the situation is worrying and you don’t see one short term solution for the sector. “Argentina’s price increases are among the highest of seven Latin countries that we analyzed,” he stated. “But the sharp increase in prices on international flights from Argentina It is one of the most critical points of study, since among all the other countries that we did the analysis there were decrease in the price of flights abroad“he added.
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Freepik.
Trend that has been repeated since 2021
The worst news for the Argentine traveler is that the price increases in tickets accumulate from 2021when the post-pandemic air reactivation boom.
In 2022, exactly one year ago, the study concluded that domestic flights they were already a 48% more expensive than in 2021 and simply a 384% more expensive than in 2019, the last pre-pandemic year. According to the latest barometer, in 2022, flying to other countries had increased in price by 186% in relation to 2021, and a 559% compared to pre-pandemic.
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“This means that the tourism is experimenting frequent price increases that were already inflated earlier, compared to pre-pandemic times. “We will end 2023 with a political situation that is still unstable, in transition, and with fewer players in the Latin market,” he said. allier.
“The election of (Javier) Milei was well received by the marketbut in the short term it is likely that the high volatility in interest rates, the value of the dollar, inflation levels and, consequently, the increase in air ticket prices“, he added.
Tips to plan trips and save as much as possible
Given this scenario of uncertaintythe expert pointed out the best tips for plan trips and save as much as possible. “The best is anticipate plans by at least two monthstravel out of seasongive preference to national destinations so as not to need dollars and compare prices using metasearch“he concluded allier.
Source: Ambito
