on Monday: $4.12. Prices did increase after the Sept. 14 attack on the Saudi facility, but they settled back down once repairs were made.
“There is such fierce competition for the airlines to attract customers [that] basic economy tickets are priced very aggressively, which will always attract people to travel,” said Tom Spagnola, senior vice president of supplier relations for CheapOair. “Even if there were a slight fare increase in ticket prices, the fares are still very affordable.”One of the most recent entrants in the basic fare rodeo is Hawaiian Airlines, which on Oct. 21 will roll out its long-planned reduced-rate tickets.
Airline traffic continues to set records, Spagnola said, adding, “The airlines are expecting yet another year of record numbers of passengers during the Thanksgiving and Christmas/New Year’s travel period. Spagnola is already looking for holiday fares for his family. “What I am seeing is flights being sold out, so this is going to limit which days/times I can travel. For people who are not flexible, this will impact their ability to keep their prices low if they are undecided on traveling.”So how jittery should we be? Based on a quick price comparison on a single route, pretty jittery.
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