How much longer can U.S. carriers justify insane domestic prices?
Perhaps a silly question, but we're at a point now where most trans-Atlantic trips from major U.S. cities -- purchased with a bit of foresight -- are under $500 RT. You can even fly from crazy places like Providence to Edinburgh, Scotland one-way for $109 with little advance planning.
At the same time, U.S. carriers still charge insane last-minute fares from say NYC to Atlanta, let alone NYC to LAX or SFO.
I guess my question: given how cheap international travel is (even with the extra fees and taxes added into the equation), how much longer can U.S. carriers justify their insane domestic pricing? At what point will they have to cut prices nearly in half to bring them closer to intra-EU/Schengen flights?