Originally Posted by
YEG USER
Airline ticket prices have nothing (or at least very little) to do with the actual cost to the airline of getting you from point A to point B; it is all based on supply/demand.
Demand, sure.
But in our near-monopoly/duopoly situation, on many routes, supply is totally managed. A market it is not. More like, AC grabs as much as they can. Adapts offer so as to make sure it's somewhat below demand.