This looks bad, a real shame the oil rent has been removed and productive contribution can increase in the US domestically:
JetBlue founder sees opportunities for a start-up in the U.S. marketplace https://t.co/GZF34auO7N
— Airline Gossip (@airlinegossip) February 22, 2016
2 comments:
Maybe some more competition would be a good thing?
Air fares hit five year lows toward the end of 2015, but airlines appear to be making up for lost time, attempting five fare hikes already this year - as many tries as attempted during the whole of 2015, according to price watcher FareCompare.com.
The latest attempt was sparked by Southwest last Friday when it raised domestic fares by $5 one way on trips taking place within seven days. Such fares most affect business trekkers, who often book trips closer to their actual travel date, as well as any other fliers deciding to travel at the last minute.
Southwest is often the glue that makes a fare hike stick, since most other carriers don’t want to be seen charging more than the low-cost carrier. With Southwest actually initiating this latest price boost, the hike appeared to be holding as of Monday evening, with Delta, United, and American, all following suit.
If the fare hike doesn’t fall apart, it will mean that airlines will have boosted ticket prices, in total, by $22 round-trip so far this year, Seaney says.
Backed by Airline Dollars, Congress Rejects Effort to Address Shrinking Legroom
Rep. Steve Cohen, D-Tenn said the free market won’t solve the problem because of the lack of competition in most air travel markets. “The airlines have been deregulated. They’re down to four major carriers and they do what they want to do, because they can. If you don’t live in one of the major cities in this country … you have to take what flight’s available on maybe one airline. … They talk about market conditions? There are no longer market conditions, this is a controlled industry.”
https://en.wikipedia.org/wiki/Essential_Air_Service
Post a Comment