Are fares as high as they could be? Not even close!

Here's a sentiment shared by puh-lenty of airline professionals, and one that made it into conversation over Thanksgiving dinner: "If you don't want to pay what it's worth, then stop whining about air travel." Think that's harsh, or do they have a point? Airlines aren't exactly raking in the dough these days, even after scrambling to stay afloat by cutting service, laying off workers, tacking on fees, and keeping frills to an absolute bare minimum. When you think about it, really, fares aren't as high as they could be. How's that? Our very own George Hobica breaks it down for you in his recent memo to airline passengers.