Around the world flights for just $1500? The cut-price plane ticket with EIGHT stops including New York, Sydney and Thailand

Travel website The Airfare Spot has combined five separate one-way plane tickets to create a round-the-world itinerary for a mere $1585. Photo / 123RF

The trip starts and ends in New York, and covers more than 38,000 kilometres

It sounds ludicrously cheap, but it is possible to jet around the world this summer - visiting eight far-flung locations - for just over $1500.

A travel specialist has combined five separate one-way plane tickets to create a round-the-world itinerary for a mere US$1161 ($1585).

The month-long trip kicks off and ends back up in New York (pictured) this January 28. Photo / 123RF

The month-long trip kicks off in New York this January and makes its way to Stockholm, Sweden; Bangkok, Thailand; Sydney, Australia; Honolulu, Hawaii; and Portland, Oregon, before returning back to New York.

The cheapest flight, somewhat surprisingly, is from New York to Stockholm. Photo / 123RF

Travel website The Airfare Spot found the cheapest flight, somewhat surprisingly, is from New York to Stockholm with Norwegian Air, a seven-hour journey which costs only US$139 ($190).

After three days in Sweden, it's on to Bangkok, again with Norwegian Air - which has gained popularity in recent years thanks to it's aggressively low prices - for US$216 ($295).

Then it's on to Bangkok for six days - a good stretch of time with which to explore the city's plentiful attractions. Photo / 123RF

Six days in Thailand's bustling capital city is a good stretch of time with which to explore its plentiful attractions, then next up is the gruelling 20-hour Air Asia flight to Sydney - with a nine-hour nighttime layover in Kuala Lumpur - at a cost of just US$150 ($205).

Next up is the gruelling 20-hour Air Asia flight to Sydney. Photo / 123RF

There is very little to see or do in Kuala Lumpur between those hours of midnight to 9am, so it's best in this case to book into an airport hotel.

The itinerary then allows three days in Sydney, followed by a US$310 ($423) flight to Hawaii with JetStar Airlines, which will take nine and a half hours.

The itinerary then allows three days in Sydney, followed by a flight to Hawaii. Photo / 123RF

After four blissful days on the beaches of Honolulu, it's time to return to New York with Hawaiian Airlines on February 13 at a cost of US$341 ($465) - making a stopover at Portland, Oregon.

Enjoy a stopover in Portland, Oregon, before heading back to New York City. Photo . 123RF

This layover is almost 11 hours, starting from 8pm, so there's plenty of time for a leisurely dinner in this vibrant city.

The entire jaunt covers more than 38,000 kilometres.