Oil price up, airfares up. Oil price down, airfares still going up? What gives

  1. Perspycacious profile image81
    Perspycaciousposted 3 years ago

    Oil price up, airfares up.  Oil price down, airfares still going up?  What gives?

  2. junkseller profile image85
    junksellerposted 3 years ago

    In 12 years we have gone from 10 carriers to 4. Less competition makes it easier for them to 'agree' on maintaining higher prices and as long as there isn't an unwillingness to fly, they have no reason to change.

 
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