Price hike: Why flights from Hungary are getting more expensive

By Tychyna TetianaFeb 18, 2024 07:17 AMNews
Share:
Budapest Liszt Ferenc International Airport (Budapest Liszt Ferenc International Airport). Source: wikipedia

In recent years, travelling from Hungary to various parts of Europe and the world has become a subject of deep discussion due to the sharp increase in ticket prices. This trend is causing both interest and concern among those who have previously enjoyed the affordability of flights from Budapest and other Hungarian cities.

According to the publication, since 2019, the average increase in round-trip airfares from Budapest has reached 40-60%. For some routes in the period from 2022 to 2023, the increase amounted to 10,000 Hungarian forints (26 euros), dailynewshungary writes.

There is a steady upward trend in the cost of flights from Hungary to various European destinations. More and more travellers are paying attention to this trend as ticket prices have risen significantly over the past year. For example, a trip to London has risen in price by 40% (155 euros) and to Amsterdam by 42% (284 euros) over the year, which indicates a major change in air travel and raises questions for many.

If a trip to Miami cost 530 euros in 2019, this year the figure is 778 euros. And the cost of travelling to Bangkok has doubled over the same period.

At the same time, the price of tickets to two destinations - Dubai and Istanbul - has decreased. According to experts, this is due to an innovation of the Hungarian government, namely a tax on excess profits. In addition, fuel costs and rising wages also contributed to the increase in ticket prices. It is noted that some airlines have not opened routes from Budapest because of the departure tax.

Over the past 4 years, ticket prices have increased by an average of 46 euros for the most popular destinations from Budapest. These are Rome, Barcelona, London, and Paris. This is much higher than the average tax on excess profits collected by the government.

It is worth noting that the increase in ticket prices continues to be influenced by chaotic situations, as well as airlines' attempts to restore the level of passenger traffic that existed before the pandemic. It is noted that last year, Budapest Airport ended with a staff of 1600 employees, which is 200 more than in 2019. The most popular flight from Budapest was to London, followed by Barcelona and Rome. Routes to Larnaca, Naples, and Athens were in greatest demand.

Top Articles

Top Things to Do in San Francisco Today | Explore the City

Nov 20, 2024 23:18 PM

Discover the Best Bars in San Francisco: Top Places to Grab a Drink

Nov 19, 2024 22:04 PM

Glass Beach: A Unique California Destination

Nov 18, 2024 16:30 PM

Discover the Best Independent Bookstores in Los Angeles

Nov 17, 2024 22:22 PM
More News

TAP Unveils Black FLYday Deals for Affordable 2025 Travel

Nov 21, 2024 18:35 PM

Frontier Airlines Expands U.S. and Caribbean Routes for Twenty Twenty-Five

Nov 21, 2024 16:34 PM

ABTA’s ‘Travel with Confidence’ Campaign Fuels Future Travel Inspiration

Nov 21, 2024 14:33 PM

Vietjet Launches Green Friday: Affordable and Eco-Friendly Travel Options

Nov 21, 2024 12:32 PM

Japan Airlines Introduces Limited Shochu Service for Business Class Travelers

Nov 21, 2024 10:31 AM

Britain’s 2025 Flower Shows and Gardens: A Haven for Travelers

Nov 21, 2024 08:39 AM

Top UK Getaways for a Christmas Travel Adventure

Nov 21, 2024 06:38 AM

Navigating the Nuances of Domestic First Class in the United States

Nov 21, 2024 05:36 AM

Delta Brings Shake Shack to In-Flight Dining, Elevating Travel Comfort

Nov 21, 2024 04:37 AM

Exploring Recent Airline Route Developments: Enhancing Global Connectivity

Nov 21, 2024 03:38 AM

AirAsia MOVE’s WEDNESDEALS: New Path to Affordable Regional Travel

Nov 21, 2024 02:36 AM

Delta Air Lines Introduces Shake Shack Burgers for First Class Passengers

Nov 21, 2024 01:33 AM

Amsterdam’s Transformation: A Model of Sustainability and Accessibility for Travelers

Nov 21, 2024 00:35 AM

San Antonio Airport Introduces AI-Powered Parking System

Nov 20, 2024 23:30 PM

Royal Caribbean Unveils Exciting New Cruise Itineraries for Upcoming Years

Nov 20, 2024 22:34 PM

Austria’s Christmas Markets: A Magical Holiday Experience from Vienna to Salzburg

Nov 20, 2024 20:33 PM

American Airlines Introduces System to Tackle Gate Crowd Chaos

Nov 20, 2024 19:35 PM

Barnsley’s Transformation: From Industrial Roots to a Vibrant Tourist Destination

Nov 20, 2024 18:32 PM

A Forgotten Arena Beneath London: The Roman Amphitheater Hidden for Centuries

Nov 20, 2024 17:35 PM

Notre-Dame Reopens: Paris Welcomes Visitors to Iconic Landmarks

Nov 20, 2024 16:31 PM

Snowstorm in the UK: Impact on Travel and Education

Nov 20, 2024 15:35 PM

Notre-Dame Cathedral: A Symbol of Resilience and Renewal

Nov 20, 2024 14:42 PM

Exploring Rome: A Journey Through Time and Culture

Nov 20, 2024 12:41 PM

Aspen/Pitkin County Airport: A Gateway to the Rockies

Nov 20, 2024 10:35 AM

U.S. Airlines Prepare for Record-Breaking Thanksgiving Travel Season

Nov 20, 2024 08:37 AM

British Airways IT Issue Causes Widespread Flight Delays at Heathrow

Nov 20, 2024 06:30 AM