How did Canadian airfare prices get so far out of control?
The Big Story
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Airline Prices at Extreme Highs
Is our airline prices at an extreme high right now or is this part of the cycle? Oh, it's at extreme highs. If you're flying from Toronto or Rome and it's costing you $2,000 round trip,. And last year, the same trip was at $1,000. Well, you know, summer 24 might be a little more than 2000. So the airlines are pushing you in the lotus as much as they possibly can to maximize their revenue and profitability. The carriers are going to keep pushing that envelope of pricing higher until such time as consumer says, okay, enough. We've had enough of these price increases. We're not going to travel anymore.
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