24 December 2014

Why Air Ticket Prices won't Come Down just yet? (Dec 2014)

World's oil prices have been tumbling down substantially since June 2014 to current level of US$60/barrel. As most of us already knew, when this kind of news appear, airlines industry tends to be one of main beneficiaries. However, why cheaper oil price this round doesn't really translates into cheaper air ticket price?

The Oily Factor...