FlyerTalk Forums - View Single Post - 35% increase in fare in last 2 weeks
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Old Jun 6, 2008 | 3:05 pm
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susiesan
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Originally Posted by COFan
Why would the airlines want to ger rid of vacation travelers?

Have you noticed the unreal prices for oil? The airlines had to raise prices because given the sky-rockting cost of oil they cannot afford the low-fares anymore. Granted this sucks for the consumer, and I too would not want to pay 1800 for r/t FCO. But this hardly the airlines fault.
I don't blame the airlines. But if they all got together and went to our useless congresscritters to demand change in the value of the dollar (the weak dollar+speculators in commodities such as oil which is driving the prices up), and maybe if all the airlines threatened to not fly at all for one day to protest fuel costs, the screeching halt to business across the world would get congress's attention. I'm not an economist, but something has to be done to stop the speculators. Just today 1 person made a comment about $150 oil by July and the price shot up $10 a barrel. This is nothing but speculation.
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