‘Buy now,’ say experts as flight fares expected to soar amid rising fuel costs

The price of an airplane ticket is among the list of things the rising cost fuel prices have impacted as they've soared in Canada, experts say.

Fuel prices have continued to soar across the country over the past few weeks, impacting everyday lives of Canadians.

Beyond the daily commute, the skyrocketing cost of fuel is also likely to affect how much you’ll spend on an airplane ticket, experts say.

“No question, when oil goes up, airline prices go up — which affects travel,” Richard Vanderlubbe, president of TripCentral.ca told Global News.

“Fuel is a major factor in airline cost structure so it always has an effect,” he said.

Booking your ticket early is the way to go, according to Vanderlubbe.

“Often, you can overthink this by trying to play games with waiting and seeing what would happen,” he said.

“That’s probably not a good idea right now.”

Purchasing a ticket sooner rather than later is also something David Gillen, director for transportation studies at the University of British Columbia (UBC), recommends. Gillen is also a professor at the university’s Sauder School of Business.