Why Airplane Tickets Fluctuate So Much?

In the last couple years airplane tickets have skyrocketed. The common question is: Why do airplane tickets fluctuate so much? And there are actually lots of reasons, such as oil prices, supply and demand, taxes, and more. There are ways to lower prices for tickets, but overall, they are very expensive, and I think that they should be less. Airplane tickets have gone up for a number of reasons. In the article Why your Airplane ticket is so expensive nowadays the author explains how there are only a few major airlines so less competition means less need for cheaper prices. Airlines have partnered up, merged and some gone out of business, so there are a couple major airlines in the US. The price of air fuel has gone up as well in the last
20 years, so this results to higher prices. Taxes also play a big part in it, sometimes taxes and fees can make up almost half the price of your ticket. Next, there can also be many ways to get cheaper plane tickets. In the database article “Airlines: What’s the Best Deal Online?” it states how getting your hands on a cheap ticket is not impossible. You can book them in advance, usually a couple months ahead, the time plays a big factor, if you’re buying them last minute you might end up paying full price. It also depends on the airline, some have different deals, prices, etc. The price of plane tickets shouldn’t be stopping people from seeing the world. Since they are so much it prevents people from traveling and seeing the world. One of the reasons the prices change is oil, since 1995 plane ticket prices have gone up a lot according to The First Book of Airplanes. In conclusion, less competition, higher capacity, and oil prices contribute a lot to the prices of airplane tickets. Unfortunately, it seems like as of now they will only be going up, but I hope they’ll be lowered so more people can travel the world.