Budget travellers still need holiday insurance
Tue, 04 Apr 2006
The number of low-cost airline flights has risen significantly following strong demand for budget travel.
Travel company OAG estimate that no-frills flights have more than doubled since 2001, with budget airlines offering 300,000 flights this month, compared to 142,000 over the same period five years ago.
In particular, short-haul flights, often the domain of low-cost airlines, are on the rise because of lower fuel costs compared to long-haul flights.
Duncan Alexander, managing director of OAG business development, explained: "Although fuel prices obviously affect all airlines, the budget carriers have lower cost bases and, because they are generally smaller than their full-service counterparts, they can react more quickly and effectively to market trends."
The growth of the industry means that more Brits are finding travelling overseas more affordable; however, failing to purchase sufficient holiday insurance could push up costs if they require unexpected medical treatment.
In addition, travellers who take a number of short break or long-weekend trips abroad are being advised to consider a holiday insurance policy with multi-trip cover as they tend to often the best value-for-money for frequent flyers. 
© Adfero Ltd
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