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When things are “settled” again how much more expensive will commercial flights be?

Posted on 8/6/20 at 7:54 am
Posted by jlovel7
NOT Louisiana
Member since Aug 2014
24261 posts
Posted on 8/6/20 at 7:54 am
The Exxon thread had me thinking about the ultimate downshift their likely will be in corporate travel due to the somewhat newfound ability to work just as effectively via remote methods. How much of commercial flights are “subsidized” by business travelers? By that I mean on the average flight what percentage are flying for personal reasons vs business reasons?

If there’s a dip in travelers for business reasons but not an appropriate rise in travelers for personal reasons to offset it (especially at business/first class rates) will that lead to much higher ticket prices to justify the cost of running these flights? Or will there just be less options?
This post was edited on 8/6/20 at 7:55 am
Posted by LoneStar23
USA
Member since Aug 2019
5837 posts
Posted on 8/6/20 at 7:56 am to
They dropped a ton in the beginning. I feel like they are already back to normal pricing
Posted by GreatLakesTiger24
Member since May 2012
61657 posts
Posted on 8/6/20 at 7:58 am to
We fly in this country
Posted by Tuscaloosa
14x Award Winning SECRant user
Member since Dec 2011
50635 posts
Posted on 8/6/20 at 7:58 am to
quote:

Or will there just be less options?


That’s currently what’s happening and will continue to happen. Business travel is recovering much more slowly than personal travel - we think primarily due to incurred liability of the companies sending their employees on the road. The response by the airlines has been to simply reduce the number flights per day, which has increased the number of passengers on each flight.

ETA: For example, prior to Covid, one major airline had 5 flights per day between Austin and Denver. They’ve reduced that number to two flights per day.
This post was edited on 8/6/20 at 8:02 am
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
26170 posts
Posted on 8/6/20 at 8:04 am to
Aviation fuel is the largest cost for airlines and that is really cheap. The fuel efficiency of newer planes is huge compared to older ones as well.

I am sure prices will go up though, supply and demand. Just look at baggage fees.
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
68469 posts
Posted on 8/6/20 at 8:05 am to

Did you know you can book a flight from DFW to Miami a month out for 51 bucks round trip? Cheap enough to fly down, have a late lunch and back back before midnight. Not a bad date.
Posted by TH03
Mogadishu
Member since Dec 2008
172004 posts
Posted on 8/6/20 at 8:06 am to
I flew AUS-STT first class for like $900.

I bought my years worth of flights after the shutdowns. Had to make some good come out if it.
Posted by Panny Crickets
Fort Worth, TX
Member since Sep 2008
5596 posts
Posted on 8/6/20 at 8:07 am to
DFW to Philly was $24 r/t a couple of weeks ago. Couple of friends flew up for the day and came back that night. Crazy times.
Posted by Slingscode
Houston, TX
Member since Sep 2011
2313 posts
Posted on 8/6/20 at 8:11 am to
A blimp fleet is the way to go. It would be like "cruising in the air".

Let's not use Hydrogen however. Helium perhaps?
Posted by eScott
Member since Oct 2008
11376 posts
Posted on 8/6/20 at 8:18 am to
quote:

I feel like they are already back to normal pricing


I can book a flight for this weekend NO to NY non stop for $341. If I go out a month then it's $125.
Posted by Floyd Dawg
Silver Creek, GA
Member since Jul 2018
5774 posts
Posted on 8/6/20 at 9:15 am to
quote:

The Exxon thread had me thinking about the ultimate downshift their likely will be in corporate travel due to the somewhat newfound ability to work just as effectively via remote methods.


Saw a WSJ article yesterday that is now saying the exact opposite. WFH is now NOT working as effectively as it first did.
Posted by jlovel7
NOT Louisiana
Member since Aug 2014
24261 posts
Posted on 8/6/20 at 9:19 am to
quote:

Saw a WSJ article yesterday that is now saying the exact opposite. WFH is now NOT working as effectively as it first did.


I wonder if a malaise is starting to set in for a lot of people. Also bringing on new hires seems like it’d be a nightmare for most places.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
41720 posts
Posted on 8/6/20 at 9:45 am to
Airlines have gotten pretty good at figuring out who can pay what. Business travelers don't have a lot of options, so those last minute tickets and certain routes are expensive, whereas the leisure fares and routes are much less, because leisure travelers have more options.

If airlines just try to pass the lost revenue onto leisure fares, I don't see that working.

I think what is more likely is reduced capacity. They will cut routes and mothball older planes which have a higher operating cost per seat.
Posted by TheFlyingTiger
Member since Oct 2009
4245 posts
Posted on 8/6/20 at 10:06 am to
depends on how much bailout $ they keep getting
Posted by TigerintheNO
New Orleans
Member since Jan 2004
45441 posts
Posted on 8/6/20 at 10:07 am to
booked round trip NOLA-NYC for $29 with United last week



had dates available all the way until the Tuesday before Thanksgiving
This post was edited on 8/6/20 at 10:08 am
Posted by VolsOut4Harambe
Baw Land
Member since Sep 2017
14957 posts
Posted on 8/6/20 at 10:11 am to
I dunno, but I definitely bought into Delta stock when it hit rock bottom in March
Posted by HoustonChick86
Catalina Wine Mixer
Member since Dec 2009
59332 posts
Posted on 8/6/20 at 10:29 am to
quote:

They dropped a ton in the beginning. I feel like they are already back to normal pricing

Booked 4 tickets from Knoxville to Minneapolis for $708 total.

Bought one pre-covid and it was almost $400 for the same flight for one ticket.
Posted by TigerstuckinMS
Member since Nov 2005
33687 posts
Posted on 8/6/20 at 11:13 am to
quote:


I can book a flight for this weekend NO to NY non stop for $341. If I go out a month then it's $125.
How about if you book a flight to and from places that aren't crime-ridden hellholes with streets full of "peaceful protestors"? Also, without a building that has been collapsed for 10 months now with a dead guy hanging out of it.
This post was edited on 8/6/20 at 11:18 am
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
141299 posts
Posted on 8/6/20 at 11:57 am to
Double what they are now.
Posted by AUCE05
Member since Dec 2009
45429 posts
Posted on 8/6/20 at 11:59 am to
We need a national bullet train
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