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Travel: super discounts on airline tickets, flights to Europe for 4 euros

160 Euros to fly from Milan to San Francisco (round trip), 340 to reach the Far East – Record discounts on airline tickets by airlines trying to make up for the Brexit effect and the terrorism scare.

Travel: super discounts on airline tickets, flights to Europe for 4 euros

Record discounts on airline tickets for the summer. Prices have dropped by 15% compared to the same period of 2015 and the trend will continue also in the autumn and winter seasons during which the cost of flights could drop to a level never reached for years. An exceptional situation according to analysts caused both by the errors of evaluation of the carriers and by the effects that Brexit and the terrorism alarm are having on the international economic order.

Flights to Europe, Asia and the USA

Already starting from the month of August, for some connections between the capitals of the European Union, the prices of air tickets dropped to 3,8 euros, round trip. Starting from September, however, flights from Italy to the Far East could drop to 340 euros (round trip), taxes included.

Between September and November it will be possible to fly from Milan to San Francisco (and back) by spending only 160 euros, while according to Hopper, a company that studies price trends quoted by Corriere della Sera, on 16 July the US-Europe routes «have reached the lowest average value of the last three years: 560 euros».

A decrease already foreseen by Iata, the international association which represents over 80% of the world's airlines, which wrote at the beginning of June: «In 2016 the world average price of a return ticket will drop to 366 dollars (333 euros, ed), 106 dollars less than in 2014 and 62% compared to 1995», calculated the organization's analysts. "In parallel, travelers will go from 3,6 to 3,8 billion in one year".

Brexit and the attacks that occurred in recent weeks, as well as the attempted coup in Turkey, also contributed to expanding the amount of the discounts. Why? Because many passengers have canceled reservations, leaving the planes practically empty and triggering a "race for offers" by the various companies.

The perspectives

According to analysts, prices will continue to fall until December. Subsequently, the companies will activate the defense plans, namely: reduction of connections and available seats and increase in ticket costs.

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