Biden boasts in his speech about everything he’s done to make airlines “accountable,” but he leaves out the fact that these reforms have resulted in much higher ticket fares in recent years.
“In reality, practically no major airline offered additional compensation beyond the cost of the ticket a year ago if they were to blame for a delay. No hotel or food expenses are covered after a flight cancellation or delay.”
“But after that, we pushed them to do better. And they did, in fact. When they are at fault for a flight’s cancellation or delay, airlines have begun to adjust their rules.”
“Today, 10 big airlines pay for meals, 9 cover accommodations, and 10 provide free rebooking. For middle-class and working-class families, such savings are substantial.”
“For instance, rebooking costs might be up to $200 per ticket. For the majority of airlines, rebooking is now free. And if you’re traveling with your family, you’ll have even more money in your pocket thanks to that $200 refund. However, that’s not all.”
As a result of all those “improvements,” airfares have increased by 17.7 percent in the last year alone. You can’t merely attribute it to more demand, however, given that travel had already surpassed pre-COVID levels by mid-2022. Fundamentally, the cost of flying will increase as charges are added. There is no avoiding it. The debate has long been whether the additional expenses should be covered by legislation for everyone or simply by those who purchase higher-level tickets that include free rebookings, refunds, and other perks.
Some travelers really prefer a low-cost flight without all the frills and benefits. That 17.7 percent increase in price since 2022 would seem little in contrast if Biden has his way with this most recent executive order, which mandates a variety of extra expenses for airlines. Do Americans truly want that? Because there are things that seem excellent but have a lot of unexpected repercussions, and vice versa.
Although Biden’s idea would undoubtedly have an impact on the market, is there a more sinister reason behind it than just wanting to safeguard consumers? What happens if the cost of flying continues to rise? The response is that demand will ultimately decline, which will result in fewer travelers.
At least 12 percent of these words are comprehensible pic.twitter.com/KJ44AHEzDU
— Tom Elliott (@tomselliott) May 8, 2023
They are permitted to travel on private jets, but if you take a Southwest flight in order to see your mother, you are harming the environment. What better way to stop you than to make flying unaffordable? Nothing in politics occurs by accident.
Author: Scott Dowdy
