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If you’re looking to travel to Europe, you’ve no doubt seen that the fares are outrageous. Yet there are 4 airlines you can fly to beat the high prices.
If you know the history of air travel, you know that travel from the U.S. to Europe was booming, growing year after year. Then we and Europe entered into cartel arrangements that created three price-fixing cartels to control trans-Atlantic travel.
The result is that airfares have effectively doubled — not related to the price of oil.
Shock of shocks, people have decided not to fly to Europe in the numbers they once have. As a result, one full fare airline after another has been reducing routes. It’s as if all these cartels thought they could suspend simple normal economics.
They didn’t realize how much of air travel is elastic. When the price is right, people go. When the price is too high, they say home. Here are a couple of ways to get to Europe and bypass the cartels:
For further reading:
This post was last modified on March 22, 2017 3:15 pm
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