Higher flight prices might become the new normal, say airline CEOs

Meanwhile, an Air Canada spokesperson told National Post in an email: “We are not able for competitive and other reasons to say what the future direction of airfares will be. There are many things that determine prices, not just the cost of inputs such as fuel. Among these are market, competitive and regulatory considerations, which all go into determining air fares. As history shows, airfares continually fluctuate on account of these and other factors.”