The Emirates is one of the first favorite destinations for travelers

Wego: Ticket prices will continue to rise until August

Mamoun Humaidan: "We are still seeing an increase in demand, despite the increase in the cost of travel to more than 20%."

Wego, which specializes in travel services and online reservations, expected the increase in airline ticket prices to continue until at least next August, noting that there is a large demand for travel.

The company confirmed to "Emirates Today" that the UAE is at the fore in searches and reservations, and one of the first preferred destinations for travelers, noting that despite the increase in the cost of travel to more than 20% during this July compared to the same period in 2021, there is an increase in demand, at a time when individuals are booking stays for longer periods.

growth and recovery

Wego's general manager for the Middle East, North Africa and India, Mamoun Humaidan, said that the demand for aviation is still witnessing great growth and rapid recovery after the Corona Virus (Covid-19) pandemic, pointing to the start of a gradual recovery since the beginning of this year.

Humaidan stated that, according to the data issued by the company, the UAE is at the fore in searches and reservations, and is one of the first preferred destinations for travelers, noting that airlines are accelerating to add more flights to more destinations, to support the recovery.

Supply and demand

Humaidan added: "Through our website, we see a rise in ticket prices for the summer, compared to the same period last year," noting that the levels of demand are more than supply, which is reflected in the high ticket prices.

Humaidan pointed out that the rise in jet fuel prices represents the largest cost for most airlines at the present time, in addition to the fact that aircraft that have not been operated at times, need maintenance and require time.

Ticket prices

Humaidan said, "It is expected that the increase in airline ticket prices will continue until at least next August, when airlines will increase their supplies to keep pace with demand," noting that despite the increase in the cost of travel to more than 20%, we are still seeing an increase in demand. At a time when people are booking stays for longer periods.

And he indicated that the prices of airline tickets from the UAE and destinations such as Egypt and Jordan recorded an increase of 29% during this July, compared to the same period in 2021, while ticket prices to Morocco recorded an increase of 31%, and to Sudan 12%.

Follow our latest local and sports news and the latest political and economic developments via Google news