- Original Poster
- #1
I happened to be on a site today that had a graph showing the cost of jet fuel (https://www.iata.org/en/publications/economics/fuel-monitor/) and it shows the price was around $100 a barrel at the start of the year, and in May it has been around the $170 mark. And that got my cynical brain thinking.
In an industry where the paint on the plane is a consideration to help save fuel and costs, can the airlines afford a 70% increase in fuel costs? They would have been taking bookings for months based on the lower fuel prices, but now they have to deliver on the higher costs. They couldn't just cancel all the flights (it would be a PR disaster), but what if they could engineer a situation that forced cancellations? As the government have pointed out they have had months to get staff and agency staff in.
Could they have deliberately left themselves understaffed to cause this situation so they could cancel loads of flights? Is it cheaper for them to give refunds (which they will hold on to for years first) and pay a little bit of compensation, rather than pay the extra cost of fuel? They also get to say it was beyond their control and blame it on other things.
Just a theory from a cynical brain
In an industry where the paint on the plane is a consideration to help save fuel and costs, can the airlines afford a 70% increase in fuel costs? They would have been taking bookings for months based on the lower fuel prices, but now they have to deliver on the higher costs. They couldn't just cancel all the flights (it would be a PR disaster), but what if they could engineer a situation that forced cancellations? As the government have pointed out they have had months to get staff and agency staff in.
Could they have deliberately left themselves understaffed to cause this situation so they could cancel loads of flights? Is it cheaper for them to give refunds (which they will hold on to for years first) and pay a little bit of compensation, rather than pay the extra cost of fuel? They also get to say it was beyond their control and blame it on other things.
Just a theory from a cynical brain