Travel costs have soared but loyalty points can still help

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Travel costs have soared but loyalty points can still help
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Five tips for those determined to travel.

If you’ve searched for flights recently, you’ve likely noticed that airfares can easily be 50 per cent higher than they were before the pandemic. The reality is that flights have never been more full, and demand has never been higher. And that’s forcing many people to delay or abandon their travel plans.

To make matters worse, dynamic pricing with Aeroplan can see rates that far exceed what’s listed in the chart. For example, I recently searched for flights to Hong Kong from Toronto. The prices I found were simply mind-boggling. An economy seat was going for 125,000 Aeroplan points, premium economy for 240,000 points and business was 350,000 points.

Be flexible. The most popular routes will typically be the most expensive ones. If you’re flexible with what day and at what time you fly, there could be considerable savings. For example, midweek and midafternoon flights typically cost fewer points than flying Friday through Monday or 10 a.m. to noon. Flying during less popular months will also have an effect.

Check often. Dynamic pricing means the rates will fluctuate at random times. When I was ready to book the flight to Hong Kong, I saw that business class seats from Toronto via Vancouver were now priced at 160,000 for economy, 380,000 for premium economy and 267,000 for business. The business seat offered the most value, so I booked it right away.

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