British holidaymakers would do well to be on the look out for bargain flights to Alicante and other destinations in the coming weeks, it has been suggested. According to the Air Transport Users Council, vigilant Brits may be able to bag " real bargains " as the budget flight market becomes fairly saturated. The comment comes after Ryanair this week released a profit warning for next year, due to weakening consumer demand, rising oil prices and higher airport charges.

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A price-war amongst low cost airlines operating flights to Spain means that a trip to the UK's favourite holiday destination looks set to become even cheaper with some feal bargain flights on offer. With around 60 million tourists expected to take a Spanish holiday by the end of the year, low-cost airlines including easyJet, Ryanair and the Spanish carriers Clickair and Spanair, are stepping up the competition and driving down the price of flights.

Spanair is reported to have cited growing competition on flights within Spain as a prime factor leading to the airline recording a higher loss, according to website flightglobal. All airlines operating in Spain are facing a difficult struggle.

"The fare war in Spain has affected everyone including us," the website reported Alex Cruz, the chief executive of Barcelona-based Clickair as saying. Ryanair and easyJet are also focused on grabbing a larger share of passengers travelling to Spain, with the Irish airline Ryanair announcing that it will be opening two new bases in Alicante and Valencia later this year. "We want to double profits and passengers... by around 2012," Ryanair's director of marketing and sales in Spain, Maribel Rodriguez, told Reuters.

With prices set to tumble on bargain flights to the Spanish Costas, a trip to beautiful Murcia and a luxury vacation in the five-star resort of La Manga looks more attractive than ever before. People seem to be getting more bargain flights to Spain to visit their Spanish holidayvillas if new figures are anything to go by. According to the Spanish Industry Ministry low-cost airlines flew 2.7 million passengers to Spain in August, up 42.9 per cent from the same month last year.

It said that about 40 per cent of passengers arrived in Spain on low-cost airlines during August. Top airlines were Ryanair, easyJet and Air Berlin which carried a combined 52 per cent of passengers in the low-cost bargain flight sector. In August, Ryanair, Europe's largest budget carrier, announced plans to set up two more bases in the country by 2010, adding Valencia and Alicante to its existing hubs in Madrid and Gerona.