San Francisco. Trevolution, part of Dyninno Group, ticket price data suggests that prices of bookings made in August have returned to 2019 levels. The previous time booking prices were on par with 2019 levels was in January.
Peter Vazan, CEO of Trevolution: “For most of 2022, we saw ticket prices for international flights in the US increase beyond pre-pandemic 2019 levels, mainly driven by pent-up demand and an increase in airline costs. These data signal at least a temporary stop in the booking price increase.”
The average price increase has been driven by several regions. For flights from the US to Europe or Africa, prices in August 2022 were still up by around 12-17% compared to August 2019, while Asia was still up 22%.
Trevolution, which operates International Travel Network, ASAP Tickets, Skylux Travel, Aviajet, TravelTech, and other travel brands, has established itself as the market leader in the travel business, specializing in the visiting friends and relatives segment. Over 50,000 air tickets and package holidays are sold by Trevolution monthly, which makes it the seventh-largest consolidator in the US.
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