Originally Posted by
elmetal
oil hasn't been 105 for over 5 years. have we just not been successful over the past 5 years somehow? seems far fetched.
We’ve not been as successful as we could have been with oil at that price point. Or do you think BS like AA’s foolery with the E island, fare matching and gate limiting at DFW would go on if their fuel prices were 20-30% higher than they’ve been for the last half decade? Give them $100+ per barrel oil and the price differential becomes stark in a ULCC’s favor.