It is still time for changes in the aeronautical industry. Controls have ceased operations, and processes have changed; For this reason, it is very important to implement strategies that make the “new normal” a profitable process, regardless of whether this means a replica for all the policies in the world.
A key point for the authorities to take into account when reactivating is the ‘generation of income and demand’. Improving the quality of aeronautical services and creating offers that attract travelers quickly and easily will be the best way to revive the economy.
In this sense, many European people have decided to obtain fairly frequent fares to increase their flights as soon as possible, fill their planes and reduce this drop in income that they have suffered since the start of the pandemic.
Companies like Ryanair have already fueled a price war and have ventured into summer sales, when the latter was one time with the highest demand and with the highest prices of the year. So far, they have offered fast ticket sales that typically cost €74, for a little higher than €25.
“There may be a large-scale price war, which may favor consumers,” said Michael O’Leary, CEO of Ryanair.
Prices have dropped approximately 14% for flights between June and July, and about 10% for the month of August compared to last year. However, these figures may vary according to consumers; if travelers increase the demand for flights, the price could go up, otherwise we could continue to generate better offers.
Would you be willing to travel, taking advantage of these magnificent offers regardless of the specific security measures and health risks? Leave us your comment.