Airline prices: up, up, and away

About a week ago, NBC News interviewed a fellow who said, “Somehow, we’ve gotten the idea that we, in New York, can (afford to) fly to Los Angeles for the weekend. Well, that’s not going to be true anymore."

USA TODAY chimed in with more about rising fuel costs and airplane tickets. “By this time next year, there could be as many as 20% fewer seats available if carriers respond to oil prices well above $100 a barrel by cutting as many flights as securities analysts such as JPMorgan’s Jamie Baker are suggesting,” wrote the newspaper’s Marilyn Adams and Dan Reed.

“That would be like shutting down a carrier the size of American Airlines, the world’s largest … That alone would sharply increase demand and prices for plane tickets.”

The portent for St. John tourism is not good.

In other words, if you know you’re going to next month, or even next year, get your tickets now.  They are not going to be less expensive and there will be fewer of them.

Here’s a link to the USA TODAY story: http://www.usatoday.com/travel/flights/2008-04-30-jet-fuel-high-fares_N.htm?imw=Y

2 thoughts on “Airline prices: up, up, and away”

  1. St John is always a stretch from a money standpoint, this will just about push it over the edge. We’ll be vacationing locally, by the looks of things, for quite some time…

  2. We fly Spirit Air all the time. They offer such inexpensive fares and their deals are incredible..$16 roundtrip from Fort Lauderdale one trip. Can’t beat that!!

Leave a Comment