End of cheap flights boom as airlines raise fares (UK)

More than five million British passengers could be priced out of the budget holiday market as airlines raise their fares, bringing the era of cheap travel to an end.

Holidaymakers preparing for the traditional summer getaway this week may find that when they come to book their next break the fares have become unaffordable.

Ticket prices are expected to rise by 10 per cent this year and next as the cost of oil pushes up airline fuel bills.