Re:Oil Falls Below $40 for First Time Since 2009 as Glut Grows
by saryant on Friday August 21, 2015 @05:47PM
(#10100458)
Airfare isn't falling because the domestic airlines a) have a triopoly and b) have learned not to compete on marketshare, so capacity isn't increasing as much. The big 3 have become much more disciplined when it comes to revenue management.
[ Parent
| on HN ]
Re:Oil Falls Below $40 for First Time Since 2009 as Glut Grows
by jonknee on Friday August 21, 2015 @06:11PM
(#10100561)
Actually airfare prices have fallen recently.
http://www.nbcnews.com/business/travel/airline-fares-record-...
> Airline fares recorded their steepest monthly decline in 20 years, falling 5.6 percent last month, according to the Bureau of Labor Statistics.