When The Cost Of Airfare Just Doesn’t Make Sense…

Discussion in 'Blogstand' started by BoardingArea, Jul 26, 2015.  |  Print Topic

  1. BoardingArea

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    One of the things that frustrates consumers most about airlines is pricing. Airfare has gone way, way up over the past few years, and that's perfectly justifiable, despite decreasing oil prices. The cost of airfare is based on supply and demand, and not based on the cost of providing it. That's why we've gone from seeing an industry which was losing billions of dollars, to one which is doing quite well. Between some airlines going out of business, consolidation, the lower price of oil, and high demand, airlines have never had it this good. But I think the biggest point of frustration for consumers isn't the cost of airfare as such, but more so the pricing algorithm. There aren't many other industries where two people are buying exactly the same product but getting exponentially different pricing. And there's no publicly known rhyme or reason, either. In other words, you never know for sure if the cost of a seat on a given flight will go up or down as the departure date approaches. The post When The Cost Of Airfare Just Doesn’t Make Sense… appeared first on One Mile at a Time.

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