If you find yourself increasingly drawn to the alluring prospect of a one-way flight to Europe in lieu of a traditional round-trip jaunt, just know that your head is in the right place.
A new study from the Airlines Reporting Corporation maintains that prices for one-way flights have been trending massively downward the last few years, and that on occasion -- GASP -- they’re actually becoming cheaper than round-trip tickets. As ARC tells it: “the long-held belief that it is better to purchase roundtrip tickets whenever possible to get the best fares, is simply no longer true.”
The study, which “examined data dating back more than three years and included over 350 million tickets, specifically consisting of one-way, roundtrip and other complex itineraries,” found that people are being increasingly drawn to one-way flights. One-way ticket purchases have experienced a 12% surge since 2014, when they accounted for just 29% of tickets bought from travel agencies. Now, they make up 41% of the tickets purchased. Interestingly, round-trip ticketing experienced a nearly identical decline in the same time period, plunging by 13 points -- from 71% to 58%.