LONDON, May 6, 2011 /PRNewswire/ — Travelmatch expects flight prices to fall in the coming months and years as increased capacity to European destinations changes the holiday market. The online travel specialists have charted increased seat availability for holidays to Marmaris and Costa del Sol in Spain – they predict this will result in great discounts on flight prices for British tourists looking to head to the Mediterranean for seaside holidays.
Travelmatch is basing these conclusions upon their own data and figures released by OAG Aviation, a global flight information and data solutions company. OAG found that there were 317.4 million airline seats available worldwide in April, a 5 per cent increase in capacity over 2010. During the same period European capacity increased by 2 per cent. According to travelmatch.co.uk, the increased availability of seats should encourage competition between airlines and ultimately lower prices.
Alex Francis of Travelmatch comments: “Rising capacity has been brought about by two factors. Firstly, airlines are focusing in on popular resorts, providing customers with flights that suit their needs perfectly. Secondly, we are in the midst of a global rise in capacity with more and more flights being planned every day. At travelmatch.co.uk we believe this is fantastic news for British tourists as they should see prices fall as supply increases – this will also spur competition between different airlines, which will only serve to lower the overall cost of holidays further.”
Francis expects the price of flights to fall over the coming years, making trips to the continent even more affordable. He concludes: “Over the past decade we have seen prices drop considerably; we expect this trend to continue as increased capacity brings down the cost of air travel. This is very exciting news for British travellers interested in booking stays at hotels like the Green Nature Resort & Spa in Marmaris and other fantastic spots around the Mediterranean.”