Air Fares 101 – Why do fares change all the time?

Re:Air Fares 101 – Why do fares change all the time? by jusben1369 on Monday December 15, 2014 @01:39PM (#8753519)

Airfares are most definitely higher than they were in the mid 2000's. The global recession saw a big cut back in capacity and that capacity hasn't been added back in to the system to offset the ever stronger economy. Flights are fuller than they've been in a long time meaning higher fares etc.

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Re:Air Fares 101 – Why do fares change all the time? by thedufer on Monday December 15, 2014 @09:40PM (#8755612)

> Airfares are most definitely higher than they were in the mid 2000's

We've established that. The data shows that flights this year were about 13% higher than at the lowest point, which was 2009 (recession). They are a little under 5% higher than the lowest point during the "mid 2000's". These numbers (~.25% increase per year over 10 years) are fairly insignificant when you look at the broader trends (>1% decrease per year over 3-4 decades).

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Re:Air Fares 101 – Why do fares change all the time? by saryant on Tuesday December 16, 2014 @05:56PM (#8760113)

Yes, I was referring to airfares over the past few decades, not the recent past.

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Re:Air Fares 101 – Why do fares change all the time? by dageshi on Monday December 15, 2014 @03:07PM (#8754092)

How much of that is down to taxes and fuel prices? Oil has dropped recently but for most of the past 5-6 years it's been much much higher than it was back then.

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