No, I don't think so. Low oil prices won't result in lower ticket prices, what we'll see are more capital improvements and dividends to shareholders. With the recent good run the airlines are having, airline stocks are no longer avoided by traders, and to keep that interest, profits will be routed through to shareholders via dividends and buy backs, not to the traveling public via lower prices.

What we'll also see IMHO, are continued improvements to airline infrastructures (ops centers, terminals, computer systems, training centers, etc.) and an attempt at lowering the airline's fleet age.

I do agree we'll get more growth, but no more competition and no cheaper ticket prices due to low oil prices.