In this article, we will take a look at the 5 most expensive countries to fly to. If you would like to read our analysis of the factors impacting the aviation industry, you can go to the 20 Most Expensive Countries to Fly to.
5. Hong Kong
Price Competitiveness Index Value: 3.6
Due to demand surpassing the available airline seats departing from Hong Kong, air ticket prices have risen significantly compared to pre-pandemic levels. According to the managing director of the tour agency Jebsen Travel, as of mid-2023, fares were 15% to 40% higher than before the pandemic. To fasten the recovery and uphold Hong Kong’s competitiveness, especially in aspects like airfare pricing, there is an urgent need for both airlines and the government to undertake various measures. This may include importing foreign workers as a strategy to deal with the existing labor shortage.
4. Iceland
Price Competitiveness Index Value: 3.1
Iceland has consistently attracted those with a higher budget, being ranked fourth among the world’s most expensive destinations. It also holds the eighth position in terms of the world’s highest cost of living.
3. Switzerland
Price Competitiveness Index Value: 2.8
CEO World Magazine has labeled Switzerland as the most expensive country in the world to live in, with Zurich, its business hub, hosting Bahnhofstrasse, the world’s priciest shopping strip. This avenue features luxury brands like Rolex, Gucci, and Prada, and the high cost of living in the country adds an extra layer of expense.
2. United Kingdom
Price Competitiveness Index Value: 2.8
While the UK offers a diverse range of attractions for various tourists, it stands out as one of the more expensive destinations to fly to. The cost of flights to London, particularly, is high due to its status as one of the most popular tourist destinations in Europe. The high demand for travel to London allows airlines to charge premium prices.
1. Israel
Price Competitiveness Index Value: 2.4
Israel is at the first position on our list of the most expensive countries to fly to. Similar to numerous other countries, Israel experiences its high season from November to January. During this period, the weather is pleasant, making it an attractive destination for many Americans and Europeans seeking to escape the harsh winters in their respective countries.
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