now we know fuel is going up but there is also an upside to this...it eventually has to go back down again, the real question is this, when oil/jetfuel starts price correction will airlines like Qantas be so quick in correcting their airfares?
I'd say by the end of the year the price will head back south....foreign governments won't allow speculators to push the price much higher which will force the retreat...sit tight people, the bubble will burst very soon.
http://www.telegraph.co.uk/money/mai...2/ccoil122.xml
have a read of this article.