Airfares are rising -- and that's great!

The "Travel Detective" had a piece on people getting together in groups and chartering a private plane for the transatlantic crossing. Could work. I can't see how they'd do the return flight but may be ways.

American and others have also reduced growth plans or warned the industry could dial back on its goals for expanding capacity, which could keep fares elevated. Reduced capacity can make bookable seats scarcer, driving up prices even more if demand holds.

It's the new version of the classic law of supply and demand. Control the supply and demand whatever the hell we want.

'travel demand overall is robust, especially for profitable premium cabins like business class.'

'The carriers said demand has been particularly strong for premium seats, which command hundreds, if not thousands of dollars, more than coach tickets.'

'It fits right in with the premium investments that we’re making'

Makes sense - keep the profits up and keep the riffraff out. Win-win for everyone, especially for those precious European destinations.

Checking my portfolio to see what airline stocks I own...hmm, will the dividends cover the astronomical rise in prices? Nah.