LAN LANPASS - Any prediction on when fares may go down?

The beginning of December saw a huge leap in prices across the board. At the time I thought it was simply the seasonal increase. I hope I was right and prices will again return to closer to what they were a month ago. Any thoughts? Does anyone recall in past years at what point did the summer rates go down?

Price of oil - over $100

But wasn't the price of oil actually down when they did the major increase --- or is my memory faulty (totally possible :D)?

But wasn't the price of oil actually down when they did the major increase --- or is my memory faulty (totally possible :D)?

I believe it was already back on the upswing.