Last year we conducted and released our first Kiwi.com Flight Price Index. Now, we’ve repeated the research – and things have changed. As ever, airline ticket prices use some of the most complex pricing algorithms and yield management systems in the world. We’ve all heard the so-called secrets to finding a cheap flight; search on a Tuesday, fly out on a Wednesday, and use a private browser. However, hundreds of additional factors, including oil prices, political turmoil, airline competition and even the weather can have a huge impact on the cost of your ticket.
At Kiwi.com, we’ve made it our mission to offer passengers the best value air ticket prices available. We developed the 2017 Flight Price Index, detailing the countries which offer the best value flights, in order to help our customers make affordable travel plans.
We took into account short-haul and long-haul flights from 80 of the world’s most frequently visited countries and cities, calculating an average ticket cost per 100 km of travel, using high and low season flight costs for over a million journeys. The research includes a clear split between low cost and full service airlines to arrive at a conclusive country to country price index. All currency conversions are correct as of April 25, 2017.
“Ticket prices fluctuate constantly for a myriad of reasons. Year on year changes can partly be attributed to fuel prices, sociopolitical shifts such as Brexit, recent elections and fluctuations in foreign exchange rates. The UK, for example, is seeing a larger number of Americans visit due to the weakening of the pound, whereas Egypt and Turkey saw a drop in ticket prices due to a decrease in demand due to regional turmoil,” said Kiwi.com CEO Oliver Dlouhý. “By tracking flight cost by country, travellers have more information with which to choose destinations that allow them to travel further on their budget. Travellers know what their ideal route, timing and price is, so we give them the tools to fulfill that.”