I do get that. But don't airlines lock in fuel prices way in advance, specifically so they can manage that cost and elimnate such surprises? Besides, as Susan Miller pointed out, their skyrocketing ticket prices seem to account for far more than infaltion, which has gone up. But not by the THAT much. Ticket prices have doubled from what I was looking at less than 6 months ago.
That is very good for the stock. But not good for Americans.
With the way airlines have been jacking up prices, I'm not surprised that $LUV is now raking in the cash! Unfortunately, it meant that for every day Americans like me, I had to completely cancel my family's summer vacation plans.
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I do get that. But don't airlines lock in fuel prices way in advance, specifically so they can manage that cost and elimnate such surprises? Besides, as Susan Miller pointed out, their skyrocketing ticket prices seem to account for far more than infaltion, which has gone up. But not by the THAT much. Ticket prices have doubled from what I was looking at less than 6 months ago.
That is very good for the stock. But not good for Americans.
Southwest Airlines Is Primed For Growth
With the way airlines have been jacking up prices, I'm not surprised that $LUV is now raking in the cash! Unfortunately, it meant that for every day Americans like me, I had to completely cancel my family's summer vacation plans.
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