Why have transatlantic airfares to Spain gotten so cheap?
I've been amazed at how many transatlantic airfare deals I'm seeing to Spain. Sub $300 airfares are now nothing unusual, especially from the East Coast of the USA. Both Madrid and Barcelona routinely have these sales, and today, you can also go the Canaries, Mallorca and Ibiza for that price (just not in peak summer). Why so cheap suddenly? Too much competition?