Expert Urges Travellers To Insure Travel Purchases Amid Risks

Travel experts are advising passengers to insure their travel bookings as rising global tensions begin to affect the aviation industry. According to McKenzie McMillan, managing partner at The Travel Group, the ongoing conflict involving Iran is already having an impact on airlines, which may soon be felt by travellers through higher costs and possible flight disruptions.

McMillan explained that one of the first areas to be affected is discounted travel, including companion fares and reward-based bookings. These types of tickets are more sensitive to sudden cost changes, especially when airlines face increasing fuel expenses. As a result, travellers using points or promotional fares may notice higher charges or reduced availability.

The main concern for the industry is the rising price of jet fuel, which is closely linked to instability in global oil markets. If the situation continues to worsen, airlines may reduce the number of flights to manage their operating costs. This could lead to cancellations or fewer travel options, especially during busy travel periods.

For passengers buying regular tickets, the impact may be less noticeable at first. McMillan noted that many airlines already include fuel surcharges in ticket prices. However, even a small increase in fuel costs could raise ticket prices by $60 to $100 or more. While this may not seem significant for some travellers, it can still add up, especially for families or long-distance trips.

Another major concern is travel disruption during peak seasons. Flights are often fully booked during holidays, making it difficult for airlines to accommodate passengers if cancellations occur. McMillan referred to recent incidents where travellers were left stranded for days due to a lack of available seats after flight cancellations.

Several Canadian airlines have already started making changes in response to rising costs. WestJet has announced a temporary fuel surcharge on certain bookings and is reducing some flights in the coming months. Similarly, Air Canada has adjusted its ticket prices and is considering cutting some regional routes. Air Transat has also introduced fuel surcharges on flights to Europe and increased fares during high-demand travel periods.

Experts say the overall impact on travellers will depend on how the situation develops. If tensions continue, higher prices and more disruptions are likely. For now, travellers are being strongly encouraged to protect their bookings with travel insurance to avoid unexpected financial losses.

The situation highlights how global events can quickly affect everyday travel, making it important for passengers to plan carefully and stay informed before booking trips.