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Transatlantic airfares slump as Western Europeans skip US travel

Transatlantic airfares have significantly decreased, with round-trip economy flights from Western Europe to the U.S. East Coast dropping to an average of $472, a 37% reduction from the previous year, according to travel analysis firm Hopper. This decline is attributed to a combination of factors including a slow recovery in business travel, increased airline capacity, and a strong U.S. dollar. The lower fares are particularly beneficial for leisure travelers, as business travel remains sluggish. Additionally, Hopper predicts that airfares will continue to be low through the fall, with potential increases not expected until the winter holiday season.

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[ https://www.yahoo.com/news/transatlantic-airfares-slump-western-europeans-050713212.html ]