<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by Jamoldo:
yes yes economics, ive studied some basics. airlines are in trouble, need to cut costs, services blah blah blah. prices dont go down, service does though. ...</font>
(edited by DaDOKin DC)
Actually, Jamoldo, if you look back over the decades, prices have gone WAY down (taking into account inflation). Air travel used to be restricted pretty much to the upper-middle and upper class. One of the reason air travel service has gone down is that fares HAVE gone down, resulting in a dramatic increase in the number of passengers.
Now, why the airlines feel it is good economics to keep fares low and lose money is a whole 'nother story.
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Da DOK