Archive for the ‘fuel prices’ tag
Will Airlines Be Wiped Out?
Airlines in danger of being wiped out? - WalletPop
So what happens to air travel? Leisure travelers will find other places and ways to vacation. Business travelers don’t have such a luxury. The world economy dictates that many people must travel on a regular basis in the course of their business.
They’ll likely be forced to pay significantly higher prices if there are even flights available for them. It’s clear that a wholesale change is in order for the airline industry, and consumers will not be a benefactor in this. We’re going to pay dearly, and it doesn’t seem that there’s anything that can be done about it.
What I don’t understand is we are forced to pay more at the pump to fill up our cars but for some reason the airlines just can’t raise ticket prices to stay profitable. At some point you have to ask yourself does it make sense to fly planes at a loss. Jack up the prices, park the planes that don’t fill up and break even. When the dust settles and folks begin paying more for tickets and demand increases put planes back into service.
