In the past couple of years, seldom is it ever the situation that airfares are decreasing. Charges and increased costs of fuel make flying a more costly proposition every year. A brand new round of airfares rising has just been documented, as the airlines are at least consistent.
Another round of price increasing
Fares were increased by United Airlines recently, according to CBS. After that, JetBlue, Virgin and Southwest Airlines also all increased their base flight charges, according to USA Today. Delta, US Airways and American Air carriers also all increased their rates. FareCompare.com explained that United Airlines raised its prices by $4 to $10 depending on the route. Every person seems to be increasing rates recently.
This is the fourth time this year that airfare has increased. It is only the fourth time it has been successful though airlines have tried to increase rates seven times this year.
Not too big
Fares increase nine times last year, which was a big deal. Even though $4 to $10 is not that big of a deal, it is big when added up over the year.
Some people will find that it is actually not that bad since airlines such as Southwest are not increasing prices on flights under 500 miles. A lot of people could save cash by traveling in the off-season too, which is fall since fewer people travel in the fall. Airlines will cut ticket prices by 10 to 20 percent in the fall generally because it is so slow.
Sometimes, a fee is added to the trip that you were not expecting, according to the LA Times, such as airline fuel surcharges. Since April 2011, surcharges have increased 53 percent in spite of the truth that fuel has only increased by 24 percent, according to a study by Cason Wagonlit Travel that showed just how much fuel surcharges are increasing.
Fuel costs are about $3.05 per gallon, compared to 2010 when it was $3.00 per gallon, according to Airlines for America.
Slim margins
Despite the fact that air carriers make billions of dollars off of extra charges such as baggage fees, you would be surprised to see how much those air carriers actually take home after paying all of their own charges. The Huffington Post points out that airline fees are really decreasing right now, and fuel surcharges have to be disclosed under federal laws for ticket prices now.
It could be ridiculously costly to fly, but that does not mean the airline is making very much cash. For example, one 2010 CNN article explained that a flight from Los Angeles to New York will cost about $506.62, $200 of which is put into labor and fuel. Fuel cost about $97.85. About $33.34 of the flight was profit, at 6.6 percent. If fuel increases by $23.67, or 10 percent, that margin decreases to 4.8 percent. It is almost not worth it, but somebody has to do it.
Another round of price increasing
Fares were increased by United Airlines recently, according to CBS. After that, JetBlue, Virgin and Southwest Airlines also all increased their base flight charges, according to USA Today. Delta, US Airways and American Air carriers also all increased their rates. FareCompare.com explained that United Airlines raised its prices by $4 to $10 depending on the route. Every person seems to be increasing rates recently.
This is the fourth time this year that airfare has increased. It is only the fourth time it has been successful though airlines have tried to increase rates seven times this year.
Not too big
Fares increase nine times last year, which was a big deal. Even though $4 to $10 is not that big of a deal, it is big when added up over the year.
Some people will find that it is actually not that bad since airlines such as Southwest are not increasing prices on flights under 500 miles. A lot of people could save cash by traveling in the off-season too, which is fall since fewer people travel in the fall. Airlines will cut ticket prices by 10 to 20 percent in the fall generally because it is so slow.
Sometimes, a fee is added to the trip that you were not expecting, according to the LA Times, such as airline fuel surcharges. Since April 2011, surcharges have increased 53 percent in spite of the truth that fuel has only increased by 24 percent, according to a study by Cason Wagonlit Travel that showed just how much fuel surcharges are increasing.
Fuel costs are about $3.05 per gallon, compared to 2010 when it was $3.00 per gallon, according to Airlines for America.
Slim margins
Despite the fact that air carriers make billions of dollars off of extra charges such as baggage fees, you would be surprised to see how much those air carriers actually take home after paying all of their own charges. The Huffington Post points out that airline fees are really decreasing right now, and fuel surcharges have to be disclosed under federal laws for ticket prices now.
It could be ridiculously costly to fly, but that does not mean the airline is making very much cash. For example, one 2010 CNN article explained that a flight from Los Angeles to New York will cost about $506.62, $200 of which is put into labor and fuel. Fuel cost about $97.85. About $33.34 of the flight was profit, at 6.6 percent. If fuel increases by $23.67, or 10 percent, that margin decreases to 4.8 percent. It is almost not worth it, but somebody has to do it.
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