Are air ticket prices poised for an increase?

Several of the major U.S. airlines presented at the JP Morgan Industrials conference last week, and our aviation reporter Robby Silk wrote a report looking at the intersection of demand – which is up – fuel prices – which are up – and the effect on airlines’ 2022 capacity plans and, finally, how all that could affect ticket prices. Airlines fly us where we want to go, so in this episode Silk and Cranky Flier president Brett Snyder look at these issues, as well as the benefits of fuel hedging, aircraft shortages and the bigger, global picture. This episode was recorded Friday, March 18 and has been edited for length and clarity. This episode is sponsored by Historic Highlights of Germany. Related reading: Cranky Flier blog https://crankyflier.com/ The Cranky Concierge travel agency https://crankyconcierge.com/ As airlines pull back capacity, specter of higher fares looms https://www.travelweekly.com/Travel-News/Airline-News/Specter-of-higher-airline-prices-looms Airlines cite strong demand despite higher fuel prices https://www.travelweekly.com/Travel-News/Airline-News/Airlines-cite-strong-demand-despite-higher-fuel-prices SkyWest, flying as United Express, intends to exit 29 small cities https://www.travelweekly.com/Travel-News/Airline-News/SkyWest-intends-to-exit-29-small-cities Airlines offer perks and better pay to alleviate pilot shortage https://www.travelweekly.com/Travel-News/Airline-News/Airlines-offer-perks-alleviate-pilot-shortage  See omnystudio.com/listener for privacy information.