Here’s the good news: Airfares have declined in Canada. The bad news? You might wind up paying more in added fees. WestJet, along with several U.S. airlines, recently hiked its checked-bag charges. And Flair Airlines has a new fee: a charge for paying for your flight with a credit card.
Yes, that is also true. Prices are not directly related to cost, but to consumer’s willingness to pay. However in the long term there is a pressure to provide low prices and lowering cost will allow that.