The war is over. Let’s bring airline baggage fees down now.
Peace negotiators may be dotting the i’s on a deal to end the Iran war, but air travelers are paying attention to something else: the cost of their checked bags. Remember when jet fuel prices spiked after the fighting broke out earlier this year? Every major American airline rushed to raise its checked bag fees. United, American, Delta, Southwest, JetBlue, they all went up. The airlines blamed the war, and at the time they had a point, since fuel had roughly doubled. But then the ceasefire came, oil pulled back from its highs, and guess what? Not one airline has announced it is bringing its luggage fees back down. There is a name for this pattern, and once you see how it works, and what Europe just did about bags while U.S. carriers went the other way, the summer ahead at the airport starts to look very different.