Global fuel prices are sharply increasing, and this is expected to push airfare higher in the next few months, according to Winglet’s Chief Operating Officer, Nini Sokhadze. She explains that the impact is not immediate, but aviation fuel costs always translate into more expensive tickets after a short delay.
Sokhadze notes that geopolitical tensions have already reduced travel demand worldwide. Travelers are postponing trips, and cancellations are especially high on Middle Eastern and Central Asian routes, where up to 80% of bookings have been canceled. Flights to Dubai, Abu Dhabi and Sharjah are fully suspended until the end of March, adding pressure to the market.
Although airfare has not yet increased significantly, Sokhadze says some European destinations still offer favorable early-booking prices. She strongly advises travelers to purchase insurance, as many airlines and hotels now provide full coverage for a small additional fee, often around €60.
For now, declining demand is the main trend, but if fuel prices remain high, Sokhadze says airfare increases are “unavoidable” in the coming months. She adds that airlines never compromise on safety, any sign of risk leads to immediate flight cancellations.
