With Oil price going back under $100, is there a chance Airlines will cut prices after all recent price hikes?
They added fees for checked bags, meals, reservations. They increased number of miles needed for rewards etc etc. All due in part by high oil prices. With oil back below 0, will they readjust prices?
February 28th, 2010 at 9:54 pm
It doesn’t work this way.
February 28th, 2010 at 9:54 pm
No, because they have to buy all their fuel way ahead of time since they use so much, so they are still paying high prices. Besides, oil will be going back up, anyway, eventually. You may get lucky and hit on a good deal, but for the most part, airline ticket prices will stay high. Sorry.
February 28th, 2010 at 9:54 pm
No. Prices only go up, never down. That’s the way the market driven, unregulated economy works. It allows the rich to get richer and everybody else to suck.