Mike's Minute: If you want to travel, be prepared to pay for it

Published: Oct. 31, 2022, 8:54 p.m.

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Which bit are we surprised about? Air New Zealand tells people to book early because fares are going up. Headlines scream how unhappy we are because fares are going up.

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Be as unhappy as you want, things ain\'t changing.

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We have a bit of experience around airfares at the moment. We have a family member looking to get home from Europe. The ability to get a seat, far less wince at the price, has been a problem for weeks.

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We have another family member looking to get a partner here for Christmas. Unless they have $9000, it isn\'t happening. That, by the way, is America to New Zealand at Christmas.

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What is happening is very simple and complaining about it solves nothing.

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Christmas has always been a pricey time of year. Why we thought post -Covid might be different, I\\xa0have no idea.

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As\\xa0regards\\xa0Europe, we have sat on\\xa0websites waiting for tickets to come up from cancellations. They do\\xa0but they cost\\xa0anywhere from\\xa0$4000 to $12,000 and they are gone within minutes.

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We\\xa0booked a trip next year to the east coast of the\\xa0United States. I\\xa0won\'t tell you what it cost, but it\'s amazing.

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But in that purchase is the key to all of this,\\xa0very few people are forced to travel; most do it because they want to.

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All we are\\xa0dealing with here is a desire to do something and the psychological or emotional hurdle as to whether they can bear\\xa0the cost.

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Look up\\xa0Alan\\xa0Joyce\'s speech he gave last week about what is required to get a plane out of the desert. It\'s a lot of people, a lot of old equipment put on a scrap\\xa0heap, with a lot of new equipment to replace it and a lot of hours of testing.

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God knows what it costs,\\xa0but it\'s\\xa0months\\u2019 worth of work for\\xa0one\\xa0plane.

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It\'s Economics 101, demand is outstripping supply. It\'s outstripping it\\xa0by quite a lot. And if you believe Heathrow it will be\\xa0several years before it\'s sorted.

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Not a lot of people are actually flying. It\'s a year today since the borders opened for Australia. They are still 70 percent down on the number of trips they took pre-pandemic.

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So, to be blunt, what you are hearing is complaining from people who have enough money to fly, but don\\u2019t like the fact it\'s no longer cheap.

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Welcome\\xa0to the new world order.\\xa0\\xa0\\xa0\\xa0

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