Revenue traffic down, J class prices down RTW price up?
Passenger traffic was reported down 12% in Europe and SQ has 62% load factors.
There are many first class seats not occupied. Why now raise RTW fares?
Airlines can control the inventory to limit how many of us fly at one time. Is it not better to fill up a few seats and make a few dollars by selling RTW tickets? They control the yield!
The RTW tickets are the only commodity I have observed that has increased in price lately. Business traffic is down fuel prices are down and there is excess capacity???
(What is the brain trust running the airlines thinking?? How to merge and loose more money??)