Pricing
Pricing
Tis the New Year and traditionally the period we see fares increasing.
With diesel falling in price massively, the fuel hedging planned a few years back looking like a bit of a mistake (granted not many people will have predicted such a fall in diesel prices) and inflation close to zero - I wonder what we will see over the next few weeks?
I had been doing some reading on the 1989 Caracazo protests.
Whilst not for one moment suggesting we will see anything like it would happen here, I wonder how long the push to increase fares will be accepted by the paying public?
Will we see the hedging continue, so that when fuel prices are higher in a few years time, fares will have been stabilised due to operators buying in bulk now?