Could lower oil prices mean cheaper airline seats?

Discussion in 'General Discussion | Travel' started by uggboy, Dec 16, 2014.  |  Print Topic

  1. uggboy
    Original Member

    uggboy Gold Member

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    Could lower oil prices mean cheaper airline seats?

     
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  2. flynhwn

    flynhwn Silver Member

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    Hawaiian Airlines CEO says, "NO".
    They look at it as an opportunity to build equity.
     
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  3. blackjack-21

    blackjack-21 Gold Member

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    Not the actual ticket prices per se, but reports that JAL have lowered there YQ a bit may be the first indication that a large carrier is passing some of their savings in a falling oil market along to their customers. May be the start of something small, but every little bit helps, especially if other carriers get the message and follow suit.

    Link here, from Tim Winship at Smarter Travel:
    http://www.smartertravel.com/blogs/...t-thing-cuts-fuel-surcharges.html?id=21217829
     
    Last edited: Dec 16, 2014
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  4. flynhwn

    flynhwn Silver Member

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    Airlines purchase their fuel many months in advance. So if there is a lowering of prices it won't come for a while. If the prices move upwards by then we shouldn't see any changes in pricing.
     
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  5. uggboy
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    uggboy Gold Member

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    I guess that airlines want to book the difference in price as a profit. Reality bites, at least for the passengers who wont see any price / fare decreases. Sadly so.
     

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