September 27, 2006
NOTHING COSTS MORE THAN IT USED TO:
Airfares stay low, for better and for worse: Passengers benefit, but the industry is running on empty (Alexandra Marks, 9/28/06, The Christian Science Monitor)
[O]ther factors have held sway: the recent fall in the price of oil, a slowing economy, and the low-cost carriers' ever-growing share of the marketplace. That combination has prompted some other aviation analysts to predict that instead of rising, airfares could go into a sudden free fall.Posted by Orrin Judd at September 27, 2006 10:41 PM"We've got what looks like a perfect storm coming for prices to plummet, at least in the short term," says Mr. Mitchell.
Comments
Let all the airlines go under.
Last time I checked,
Airplanes + passengers + pilots + crew = travel.
The name on the plane matters not at all.
Posted by: Bruno at September 27, 2006 11:43 PM