DENVER -- Airfares from Denver to Europe are dropping at a dramatic rate, making a family trip overseas affordable for the first time in years.
For example, last year at this time, a roundtrip ticket from Denver to London cost about $1,300. Today, that average fare has dropped to $420 for round trip tickets – a drop of about 65-70 percent, according to AAA data.
Competition is fueling the cheaper fares. In recent months, Norwegian Air and United Airlines have added service to London. Creating some competition with established carrier British Airways on that route.
Incentives offered by Denver International Airport, combined with eager millennial travelers, are also playing a role, said Skyler McKinley of AAA Colorado. He expects the low fares to remain as long as the economy remains solid and jet fuel prices remain low.
Earlier this week, Norwegian Air debuted service from Denver to Paris at fares around $250.
In addition, Lufthansa and Icelandair have increased service from Denver to Europe in recent months.