FlyerTalk Forums - View Single Post - Images from a 1996 Transcon Brochure
Thread: Images from a 1996 Transcon Brochure
View Single Post
Old Jan 30, 2010 | 3:38 pm
  #16  
GVA
50 Countries Visited
5M
100 Nights
20 Years on Site
 
Join Date: Oct 2002
Location: Here there everywhere
Programs: Bonvoy Lifetime Titanium, Hilton Diamond, IHG Plat, BA Silver, Aegean Gold, Aeroplan 25k, AA EXP
Posts: 2,865
Originally Posted by FWAAA
Jet fuel averaged about $0.65/gal in 1996 yet premium transcon fares were almost has high as today. Jet fuel today is down substantially since 2008, yet it is still triple the 1996 price. And taxes on airfare were very low in 1996, the year Congress allowed the federal excise taxes to expire for a few weeks. Taxes on air travel are much higher today, contributing to a severe decline in airline revenue.
One has to also consider that caviar prices in recent years have also surged.
GVA is offline