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Thread: Why are airfare prices so high, despite low oil prices?
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Old May 8, 2015 | 10:27 am
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CPRich
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Originally Posted by hutat
Hi! I'm new here so if this has been talked about before sorry. I've been planning a flight for My wife and me from BQN to JFK in August and the price will Not go below 410 pp r/t. With oil prices Way Down I think that's really expensive.
IMHO, you should be quite happy to pay $410 for a 1,500+ mile flight. I'm paying $405 or higher, weekly, for 268 miles PIT-PHL.

Just for background:
Aircraft used for a route like this typically get 100'ish passenger-miles per gallon. So the flight uses about 15 gallons of fuel for your one seat/ticket. Jet fuel prices from a year ago to now dropped about $1. So fuel costs would enable about $15 in savings.

Supply/Demand is a much more powerful influence on price.
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