For Affordable Place To Stay Book Now. Cheap Hostels & Budget Hotels With No Booking Fee, Save Money on Budget Accommodation Worldwide.
Group Accommodation Add Your Property

hostels247 > Hostel 247Blog
 High Airfares and Crude Oil Prices

Lower Fuel Costs Equal Lower Air Fares – We Wish

Airlines for months now have been increasing their Air fare almost through the roof and charging customers for everything they can lay their hands on, from Fuel surcharges, checking in Luggage fees, Charging for Pillow and Blankets to Paying for Drinks and food. Their excuse has been the high cost of fuel.

Now the cost of Crude Oil is dropping, the question is, when are the Airlines going to decrease the prices of their fares to reflect the reduced cost of fuel?

Airlines were quick to make increases and add additional charges because of the high fuel costs, I’m sure its going to be a slow a long process for them to decrease the prices, if they make any decreases at all.

Customers have no choice but to pay the prices the Airlines Charge, but the price should be a true reflection of the costs incurred. No-one wants Airline companies to loose money but it is clear that if the price of Crude Oil drops the Cost goes down for the airline, this saving should in turn be passed onto the customer, by decreasing the Air fare prices.

Only time will tell if any changes by the Airlines will be implemented, but I am not very hopeful that the Travellers will benefit from this decrease in Crude Oil Prices.

Somebody asked me a question the other day, why does a direct Economy Flight from London England to Lagos Nigeria cost up to £850 about $1600? Which is about five and a half hours flight, and then an Economy Flight from London England to Sydney Australia which is about twenty hours costs a lot less, almost half?

It seems to me that it is not only the cost of Fuel that impacts the price of Air fare, in this case a direct flight from London England to Lagos Nigeria, is monopolised by British Airways, Virgin Atlantic and Virgin Nigeria, which is also operated by Virgin Group.

As you can see airlines are being disingenuous in their argument and its high time the Airlines offer customers Value for Money, even in the less competitive routes like London, Lagos.

It is impossible to get by today without travelling, by car, train or plane. People do not only travel for pleasure and holidays but also as an every day part of life, for Business and making a living. The costs and charges incurred by travelling should reflect the value in service received by the traveller.

Book Cheap Hostels & Budget Hotels Worldwide with

Choose Location :
Choose Arrival Date :
Date Nights: Guests:
Country or City :
Hostel name :
Gold Medal for Hungarian Dragon Boat Team at World Championship

Dragon Boat Race at World Championship in Poznan 2014 Hungarian Dragon Boat Team & Hostels247 Poznan Group Accommodation, the Winning Combination at the 2014 Dragon Boat National World Championship 2014 The 2014 ICF Dragon Boat National World Championship in Poznan was an undoubted ... read more  

Krakow World Youth Day 2016 Accommodation

World Youth Day in Krakow Poland Get Your Group Hostel Accommodation Ready For World Youth Day in Krakow 2016 There are many great youth events and celebrations every year, but only a few are celebrated by people from all over the world, meeting to celebrate together. ... read more  

London The Best City to Holiday

London Hostel accommodation Why is London The Best City to Visit on Holiday. Have you ever wondered why London is such a popular holiday destination, or why it’s always top of most groups must visit cities. Well everyone has their own favourite thing ... read more  

Dragons Take Over Poznan

Dragon Boat World Championship in Poznan Poland Dragon Boat Race World Championship in Poznan August 2014. In terms of sporting events there are many great boat races throughout the year, some more famous than others, one of the most well known is the annual Oxford & Cambridge ... read more  

New York Hotels For Budget Holiday

New York Accommodation Close to all the sights New York Holiday Helps Focus The Mind When money is tight and you are struggling to make ends meet and pay all the bills, the last thing most people think about would be a holiday or weekend away, but actually a break from the stress of ... read more  

     Add Your Comment here.  
Name :*  
E-mail Address :*  
Comment :*  
  *- obligatory fields