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Friday, January 8, 2016

U.S. Airlines Hike Airfares Despite Record Profits

Above, when going to Japan, fly with an Asian airline. Photo by Armand Vaquer.

This will bring joy to your eyes. Not!

Travel + Leisure reported that U.S. air carriers have jacked up airfares, despite making record profits in the last quarter of 2015.

They wrote:
Last year was a banner one for airlines: Thanks to increased fee revenue and a 40 percent drop in the cost of jet fuel, the top 10 U.S. carriers made $6.2 billion more in the third quarter of last year than they did in the same period in 2014, reports the U.S. Department of Transportation. Naturally, they've responded to this crippling cash inflow by hiking ticket prices, because, uh, hmm.
Whenever I go to Japan, I try to avoid flying with a U.S. carrier. Their service and food doesn't hold a candle to the food and service that Asian (Korean Airlines, Singapore Airlines, etc.) airlines provide.

To read more (if you dare), go here.

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