US Airways 4Q net income doubles; ful...

US Airways 4Q net income doubles; fuller planes could be a signal for higher fares

There are 2 comments on the The Washington Post story from Jan 23, 2013, titled US Airways 4Q net income doubles; fuller planes could be a signal for higher fares. In it, The Washington Post reports that:

US Airways' net income doubled in the fourth quarter and executives said the strong demand the airline is seeing is often a precursor to higher fares.

Join the discussion below, or Read more at The Washington Post.

Since: May 08

Santee CA

#1 Jan 23, 2013
Really.. Supply and demand, and market pricing. If the need for seats out paces the number of seats then the price goes up to maximize the revenue... Look at your gas pump.. What happens when fuel supplies drop? It's cyclical,when the prices are too high and demand drops the prices will drop as well

Bedford, VA

#3 Jan 24, 2013
Supply and demand have nothing to do with gas prices. Supply is there and the cost of obtaining oil and shipping have not changed much. The oil companies have a monopoly and oil is the most needed commodity and they know it. They raise the price of gas by 10 cents and then lower it by 5 cents and the public feels good that the price has gone down. This up 10 and down 5 has been used by major oil for years now and they have trained the consumer to feel good about the small drops in prices while ignoring the large jumps.
Its all about greed and making the share holders happy,all millionaires who are immune to the high prices of oil. The economy is in the tank largely due to high cost of oil. Food,travel,manufacturing,home heating costs,have seen costs rise rapidly all due to high energy costs and the trickle down effect has been the poor economy.
The oil companies have found a fool proof way of expanding profits on a commodity that no one can live without no matter how it affects the average family.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Business News Discussions

Title Updated Last By Comments
Punk Devil Fashion Dress Clothing For Party,Ste... 5 hr Andymolly 1 ?? 8 hr rockdumps 22
Aluminum Collapsible Tubes Production Line, Ext... Tue altubecan 1
High Speed Tubes Line, Aluminum Collapsible Tub... Tue altubecan 1
Aluminum Tubes Line, Aluminum Can Line China Su... Tue altubecan 1
News Presidential debate: Will Obama or Romney win t... (Oct '12) May 18 Brain Cancer 41
News Protests planned Thursday on FCC's vote to over... May 17 Jeeshush Sheeeria 2
More from around the web