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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think we've all been very spoiled by cheap airfares over the past 30 years. I think this is the new normal, OP. I would probably gamble and wait a few more days to see if the prices drop in earlier Jan. But, in reality, I think you are just stuck with the high fares.[/quote]

Spirit going into bankruptcy hurts, but low cost carriers entering markets and depressing prices is a cyclical occurrence that has happened since deregulation [/quote]

Sort of but some things may be here to stay.  The military isn’t training pilots for free anymore so airlines have to build that into their cost now and pay more to attract more pilots.  Gas prices are the big question….with Russia such a mess and who the f knows about the Middle East it’s unclear if those prices will meaningfully decrease but I guess trumps drill baby drill may offset all that at least for the short term.  Plus a lot of the equipment is aging and will need replacing and Boeing is obviously not in a good place to do that efficiently.  We might see a little dip in prices in the near term but I think long term we will see a return to more realistic pricing for airlines where middle class families are jetting off for every school break.  But probably not as bad as the 70s, when air travel was basically only for the rich.
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Embraer is moving to longer range planes and the Chinese have to enter the market in a real way. Companies will try to fill available runway slots and you can offer cheap flights from east coast cities to Florida. The low cost carriers get into trouble when they expand too much- not all of them can transition into national carriers like Jet Blue and Southwest [/quote]

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