|
Bidenflation could increase the cost of air travel by 10%
 [Brietbart] Just as soaring inflation has lifted gas prices at the pump under President Joe Biden, now its hitting domestic travel. Delta Air Lines CEO Ed Bastian warned Thursday the airlines’ U.S. ticket prices could increase between five and 10 percent in coming weeks as oil costs continue to climb.The leap in fuel costs for a U.S. domestic flight "is probably about $25 on a ticket, that could be anywhere between 5% to 10% at these high levels of oil ... and international [flights] will be a bit higher than that," Bastian told the BBC in an interview Thursday. In addition to raising the price of U.S. tickets, Delta is planning to implement an added fuel fee for international flights. Other airlines, such as AirAsia, Emirates and Japan Airlines have also taken similar steps by adding fuel surcharges, according to the BBC report. The news comes as oil prices show little if any path downwards in the immediate future and the American public holds slim hopes for change under the current administration. Posted by: Besoeker 2022-03-18 |
| http://www.rantburg.com/poparticle.php?ID=627886 |