France: plane ticket prices down very slightly in July

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In July 2023for the first time since June 2021, the price of plane tickets from France are down, -1% compared to July 2022all destinations combined, according to the monthly passenger air transport price index (IPTAP) of the Directorate General of Civil Aviation (DGAC)

Departing from mainland France, compared to July 2022, plane ticket prices are down -2.3%, mainly driven by a reduction of -4.9% on the international network. On the other hand, the domestic network remains on an upward trend (+9.8%). The cumulative price increase for the first 7 months of the year is 14.3%.

On the domestic network, prices are up 11.3% on intra-metropolitan routes with a more pronounced increase on radial routes compared to transverse routes. Towards Overseas, the increase in prices is 16.2%, masking a contrasting situation in particular between increases in the Overseas Departments (the largest being observed in the Antilles) and a decrease towards Polynesia.

Internationally, prices are falling for the first time in 2 years, driven in particular by a decrease of 5.8% observed on the medium-haul network. Long-haul, however, remains slightly up (+2.3%), but this growth rate is the lowest since March 2022. For the medium-haul international network, the drop is mainly driven by the North Africa and Levant beams. (-12.8%) and European Economic Area/Switzerland/United Kingdom (-4.6%). The “Other Europe” section remains on a measured rise (+6.7%). The more pronounced drop in prices towards North Africa and the Levant is explained in particular by a favorable comparison between July 2023 (normalized competitive situation) compared to July 2022, a period which was subject to travel restrictions for certain markets .

For the long-haul international network, the increase is contained and driven mainly by the Middle East (+7.3%), sub-Saharan Africa (+5.1%) and Asia Pacific (+2. 0%). North America and Latin America posted declines of -5.4% and -1.1%, respectively. The largest declines concern the United States and the main markets of South America.

From all overseas departments, the increase in plane ticket prices reached 10.6% in July, a level lower than that observed in the Metropolis-Overseas direction. This development remains contrasted depending on the departments: high for the Antilles (+18.6% in Guadeloupe and +14.6% in Martinique), more moderate for Reunion (6.1%), low for Mayotte and Guyana (respectively +1.1% and +0.7%) and according to the types of connections (increase for connections to mainland France, decline for intra-overseas department connections both in the West Indian basin and in the ocean Indian).

John Walker Avatar