Less Traffic, Higher Fares

Earlier this month, I said that military action against Iraq would not necessarily lower air fares — at least not immediately.

Now Reuters is reporting on fare increases for international premium class travel.

This isn’t surprising, really. Anyone flying internationally now is probably doing so because they really need to and so are among the least price-sensitive consumers.

Lower air traffic eventually translates into lower fares, but in the short-term, just like after 9/11, some fares may actually go up.

About Gary Leff

Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel - a topic he has covered since 2002. Co-founder of frequent flyer community Milepoint.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »

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