Going, Going, Gone: Flights Being Auctioned Off

The big news in the holidays market at the moment is that due to rising fuel costs and other charges, our ten year or so grace period of cheap flights going here there and everywhere is coming to a sad end. Many new flight companies started over the past few years all competing against one another for the cheapest flights and holidays on offer, companies like EasyJet and RyanAir have managed to capitalise on this trend and have seen millions of pounds worth of business in recent years.The trouble is, with all the fuel prices rising and holidaymakers simply not being able to afford to travel as much with other aspects of home life costing more, many flights companies have gone under, unable to cope with the rising costs of the industry. Industry heavyweights like RyanAir have admitted that business is slowing and should they have been a smaller business then they surely would have struggled to stay out of the red themselves.One possible solution for one flights company is to auction off their flights. The company JetBlue Airways Corp is offering over 300 roundtrip flights to the USA as well as four mystery vacation packages as a part of the auction spree. The bidding starts at 5 or 10 cents and is expected to be a big hit with holiday makers.Many marketing executives have commented how its a great way to get some word of mouth publicity for the budget airline. The locations on offer range from the Bahamas and Las Vegas and the taxes and fees are to be added on to the total unfortunately but it is expected that frugal holiday makers can bag one of these flight deals for ninety five percent of the original price so there are plenty of bargains to be had, all you need to do is make sure you have a Paypal account ready.