Is it just me or have flights gone up ~50% in price across the board?
Is this some form of supply chain shock, or purely tracking inflation? I'm a bit confused how they can increase so dramatically.
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@zachtratar
more than doubled for me in the last ~2 months
- supply chain shock from up the chain + sanctions
- post-pandemic travel season
- we were used to depressed prices from COVID
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Significant capacity taken out, huge pent-up demand as covid fears fade, and oil prices near ATH; flying anywhere this summer is going to be pricey af
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@zachtratar
Feels more so like airlines trying to recoup losses from when nobody was flying during Covid
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@zachtratar
Pretty simple - demand for leisure and business travel is up. Jet fuel price is waaay up. Labor price is up.
= substantially higher flight pricing
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@zachtratar
Buddy at United say because:
1. Paying back government loan from covid
2. Gas prices hitting
3. Pilot shortages
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@zachtratar
Yeah, but they were super cheap in the last couple years though. I bought multiple business class seats for holidays cheaper than I’d usually paid for economy.
Prices are returning to normal, with a bit of a premium due to demand and gas prices.
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@zachtratar
Imo, more like 3 or 4.
I used to get round trip from Denver to grand rapids MI for $99 - $125 on United.
Just paid $339.
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@zachtratar
I started skipping flights and just driving if my destination isn’t too far. Takes about the same time anyway with the lengthy tsa process…
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