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by karmajunkie 6 days ago
it’s cute you think that’s going to show up in lower ticket costs instead of the company’s profit margin.
2 comments

Commercial air travel is extremely competitive and has very low margins.
Sounds like a race to the bottom. Mmm bad pun.
We don't really have to guess: as jet engines became more fuel-efficient, inflation-adjusted prices for air tickets dropped. And as oil prices fluctuate, so do ticket prices. There's a bunch of noise in both these trends but the best explanation for them is that competition between airlines drives prices to roughly the cost of provision, of which 30% or so is fuel.