Article

2022-03-18 Economy

Bidenflation could increase the cost of air travel by 10%

[Brietbart] Just as soaring inflation has lifted gas prices at the pump under President Joe Biden, now its hitting domestic travel. Delta Air Lines CEO Ed Bastian warned Thursday the airlines’ U.S. ticket prices could increase between five and 10 percent in coming weeks as oil costs continue to climb.

The leap in fuel costs for a U.S. domestic flight "is probably about $25 on a ticket, that could be anywhere between 5% to 10% at these high levels of oil ... and international [flights] will be a bit higher than that," Bastian told the BBC in an interview Thursday.

In addition to raising the price of U.S. tickets, Delta is planning to implement an added fuel fee for international flights.

Other airlines, such as AirAsia, Emirates and Japan Airlines have also taken similar steps by adding fuel surcharges, according to the BBC report.

The news comes as oil prices show little if any path downwards in the immediate future and the American public holds slim hopes for change under the current administration.

Posted by Besoeker 2022-03-18 09:51|| || Front Page|| [11134 views ] Top

#1 I would have thought more. Cost centers are labor, fuel, & debt service, at grossly 1/3 each. Double fuel cost bumps the price 15%, then add the secondary bumps as labor demands rise, and as the interest rates get raised. I bet it comes to 25% increase.

Posted by Glenmore 2022-03-18 10:57|| 2022-03-18 10:57|| Front Page Top

#2 There's a ton of price competition in aviation. Airlines can't just pass on every higher input cost to their customers without losing market share to EasyJet and other cheapo carriers

Posted by Dino Chusons6064 2022-03-18 11:24|| 2022-03-18 11:24|| Front Page Top

#3 Packed like cordwood, treated like crap seated next to annoying/uncouth strangers by random chance, and forced to endure hours of senseless displays of government tyranny and corporate cost cutting and indifferent customer service, now even more expensive, What's not to like?

Posted by NoMoreBS 2022-03-18 11:47|| 2022-03-18 11:47|| Front Page Top

#4 /\ And that's the pre-boarding gate atmosphere.

"Excuse me, but that guy next to you.... yes, the one who was laying on the floor eating spaghetti; He just pushed a paper plate and napkin into your carry-on side pocket. Just thought you should know."

Posted by Besoeker 2022-03-18 11:59|| 2022-03-18 11:59|| Front Page Top

#5 And I already stopped flying because of the unacceptable risk level of cancellations leaving me stuck and missing the whole objective of the trip.

Posted by Glenmore 2022-03-18 14:41|| 2022-03-18 14:41|| Front Page Top

#6 Air travel ceased being an enjoyable experience many years ago.

Posted by Besoeker 2022-03-18 18:43|| 2022-03-18 18:43|| Front Page Top

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