1. Welcome to VegasMessageBoard
    It appears you are visiting our community as a guest.
    In order to view full-size images, participate in discussions, vote in polls, etc, you will need to Log in or Register.

Will We See Lower Cost Flights based on Lower Oil Costs?!

Discussion in 'Misc. Vegas Chat' started by YukonSloMo, Feb 6, 2015.

Thread Status:
Not open for further replies.
  1. YukonSloMo

    YukonSloMo Low-Roller

    Joined:
    Apr 10, 2014
    Messages:
    101
    Trips to Las Vegas:
    19
    I am holding my breath but at some point will flight costs come down?
     
  2. Natural21

    Natural21 Low-Roller

    Joined:
    Sep 22, 2009
    Messages:
    273
    Location:
    Western NY
    Trips to Las Vegas:
    38
    No!
    Good luck.:beer::beer:
     
  3. makikiboy

    makikiboy VIP Whale

    Joined:
    Oct 5, 2007
    Messages:
    3,683
    Trips to Las Vegas:
    35
    The airlines are saving a mint due to lower costs, you would hope that they would throw the passengers a bone by dropping prices but they are too greedy on improving their bottom line. With the improving economy and more people flying the don't have much of a reason to drop prices.
     
  4. Auggie

    Auggie Dovahkiin

    Joined:
    Jan 8, 2009
    Messages:
    5,749
    Location:
    Burnaby, BC
    Trips to Las Vegas:
    14
    No. Even though the price of oil has dropped quite a bit, it would really only be enough to lower the price of airfare maybe 4-7% at best.
     
  5. phade

    phade Low-Roller

    Joined:
    May 24, 2013
    Messages:
    334
    Location:
    Western NY
    Trips to Las Vegas:
    5
    Airlines often buy oil on contract years out to ensure supply/pricing locks to forecast.

    I'm sure they are scooping up oil right now, but demand is also high, thus pricing isn't going to be much lower in the short-term.
     
  6. nostresshere

    nostresshere Mr. Anti Debit Card

    Joined:
    May 4, 2009
    Messages:
    11,139
    Location:
    TN
    Trips to Las Vegas:
    19
    Not gonna happen as long as they are still filling planes at the higher prices. Simple business.
     
  7. davidcyndi

    davidcyndi Low-Roller

    Joined:
    Jan 14, 2015
    Messages:
    232
    Location:
    Katy, Tx
    Trips to Las Vegas:
    13
    Supply and demand.
     
  8. Bo333

    Bo333 VIP Whale

    Joined:
    Aug 20, 2010
    Messages:
    1,576
    Location:
    Austin, TX
    Trips to Las Vegas:
    62
    They will not come down. The airlines are very happy to reap all the profits at the moment. Massive stock buy backs happening.
    Planes are as full as ever, no reason to lower any revenue.
     
  9. TomTWI

    TomTWI High-Roller

    Joined:
    Jan 28, 2012
    Messages:
    929
    Trips to Las Vegas:
    40
    Very little competition from Milwaukee so I don't expect any better pricing.

    TomTWI
     
  10. Piggylane

    Piggylane Well-Known Member

    Joined:
    Nov 26, 2013
    Messages:
    680
    Location:
    Quabbin Reservoir, MA
    Trips to Las Vegas:
    159
    I'm sitting at the gate in Minneapolis and was booked on a flight to Hartford. The flight is oversold and they offered $700 to take a later flight! I was the first to take it, delaying my return home by four hours. They needed five more people to volunteer and at this time are looking for two more.

    With planes this full there's no chance the price of oil dropping will affect ticket prices.
     
  11. Snidely

    Snidely VIP Whale

    Joined:
    Nov 2, 2012
    Messages:
    1,978
    Trips to Las Vegas:
    20
    Oil is going back up. Look for gas prices to raise 10% next week.
     
  12. jerseyguy

    jerseyguy VIP Whale

    Joined:
    Sep 6, 2011
    Messages:
    2,294
    Trips to Las Vegas:
    15
    Totally amazing! Tons of people going from Minneapolis to Hartford.Just goes to show what little I know.I try to volunteer on Newark to Vegas and they tell me its fine.
     
  13. Piggylane

    Piggylane Well-Known Member

    Joined:
    Nov 26, 2013
    Messages:
    680
    Location:
    Quabbin Reservoir, MA
    Trips to Las Vegas:
    159
    An update.

    They must have gotten desperate. They upped it to $800! I'm sitting in the Sky Club with my third Vodka Tonic (you pour your own...) and somehow I just finished two weeks of expenses (about $4K total, not including airfare). There were six passengers that got paid to volunteer to take the 715 pm flight. I was #3 on the list and they had started apparently offering $400. Then $500. I volunteered at $600. They upped it to $700 shortly thereafter. While boarding the Red Coat announced the last volunteer would get $800 but nobody jumped up.

    After all the passengers had boarded the Red Coat announced everybody was going to get $700! Sweet! The girl next to me told me her ticket to California was $320. My two week long ticket - Hartford to Oakland (stay a week) Oakland to Salt Lake City (stay a week) then Salt Lake City to home was $493. She was ecstatic and showed me her $700 voucher. When I looked at mine, and looked at my online e-credits - it's for $800. I guess my Diamond, 3 Million Mile status helps!

    Plus they stuck my ugly ass in First for the flight to Hartford tonight!

    Still loyal to Delta. Undertsand Why?
     
  14. user3657

    user3657 High-Roller

    Joined:
    Mar 20, 2011
    Messages:
    915
    Trips to Las Vegas:
    8
    No.......
    Consumers should also see a decrease in shipping/fright prices. Why are they going up for 2015? BS!!
     
Thread Status:
Not open for further replies.