Airlines can't raise the prices of tickets sold months ago. There is still financial reason to hedge.

"All the airlines cancelling flights and adding extra charges amid jet fuel crisis"

	▲	Aurornis 2 hours ago \| parent [-]
		You have to read more than the clickbait headline > While this figure might appear significant, it constitutes a mere 1.5 per cent reduction in total worldwide aviation capacity,

sheiyei 2 hours ago | parent | prev [-]

The trick is to sell tickets based on the cost at time of sale, and just cancel flights when it's convenient.

	▲	toast0 17 minutes ago \| parent \| next [-]
		When airlines cancel flights, they usually put you on a similar itinerary, not just refund your money and hope you rebook at a higher price. That said, I don't know a lot of people that book that far in advance, even when their travel plans are well settled.
	▲	otterley an hour ago \| parent \| prev [-]
		It doesn’t work that way. Canceling flights has significant business-impacting downstream effects that go beyond mitigating the loss caused by a bad bet.