mrivc211
Well-Known Member
Does everyone remember this line from years past? Ok, What I'd like to know is in the last 6 months when oil rose to 150/barrell and all the carriers had no choice but to raise fares, did people stop flying?
No. Of course not.
So why did it take oil going to 150/barrell for the airlines to raise fares? Had they raised fares before the hike, they would have been able to operate profitably. Fares should have come up even higher as oil rose.
This just proves that it had nothing to do with sustainability, and everything to do with mgmt not wanting to take care of their employees.
OK, rants over.
No. Of course not.
So why did it take oil going to 150/barrell for the airlines to raise fares? Had they raised fares before the hike, they would have been able to operate profitably. Fares should have come up even higher as oil rose.
This just proves that it had nothing to do with sustainability, and everything to do with mgmt not wanting to take care of their employees.
OK, rants over.