International airfares plunge below $1,000 for first time since March – here are the cities with the best deals
St. Petersburg, FL – Joe Adamski, Managing Director at ProcureAbility, was recently featured in The New York Post, discussing the connection between the Strait of Hormuz and recent oil price fluctuations that influence your gasoline prices.
The New York Post
Last-minute travelers might be in luck as international airfares have plunged below $1,000 for the first time since mid-March. However, experts are warning it will likely be just a brief respite as the effects from the war in Iran keep fuel costs elevated.
The average international ticket dropped to $980 last week, the lowest level since the week of March 23, when prices hit $954, according to Kayak, which tracks weekly flight searches.
Destinations with the largest price drops included Seoul, South Korea, which was down 15% to $1,207; Shanghai, China, where prices fell 15% to $1,378; and Naples, Italy, which is down 11% to $1,022.
Other cities with lower airfares included Barcelona, Spain, at $1,021, which was down from $1,187 in mid-April; Athens, Greece, at $1,120, down from $1,350; and Paris, France, at $1,041, down from $1,167.
Flights to Stockholm, Sweden; Vienna, Austria; Dublin, Ireland; and Madrid, Spain also saw price drops.
Read the full article on The New York Post.
Managing Director
Joe Adamski has more than 17 years of advisory and consulting experience centered on strategic procurement and large-scale transformations. He has deep experience in launching and executing programs focused on strategic sourcing, supply chain, procurement strategy, organizational design, and transformations.
Earlier in his career, Joe was an Air Force pilot before joining A.T. Kearney in their consumer practice. He has consulted with numerous Fortune 500 companies in a variety of industries, including utilities, CPGs, grocery, retail, telecom, apparel, food and beverage, and government.
Joe holds a B.S. degree in Physics from the United States Air Force Academy and an MBA from Emory University’s Goizueta Business School. He enjoys boating, hiking, and spending time in the outdoors.
ProcureAbility, a Jabil company, is the leading provider of procurement and supply chain services, offering advisory, managed services, digital, and staffing and recruiting solutions. For 30 years, we have focused exclusively on helping clients elevate their procurement and supply chain functions.
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