Is the beginning of the end for cheap air travel? The fuel surcharge (not the ticket price) for a roundtrip flight between London and LA is now $440.

I just bought a ticket to Miami from Belize - $660!

Round trip or one way?

Oil is down $4 today. Some think the bubble has BUSTD.

amanda - THAT'S CRAZY!!!

Why is that crazy? Austin-BZE $748, used to be $350

Let's hope the bubble has busted. I believe the main contributing factor to the high cost of everything in Belize is the ridiculous cost of fuel.
Fuel for tractors to tend the fields, fuel for trucks to bring the goods to market, fuel for the boats and planes to bring goods and people to the cayes.If you were to compare fuel costs here to the minimum wage, and then compare the same in the U.S.
If minimum wage in Belize is 3.50 bzd and fuel is over 10 bzd a gallon;
then in the U.S. minimum wage is $7, fuel would be $21 a gallon.

A ticket roundtrip from Cancun to Detroit has been on average $350 U.S., now is $550 U.S.

Can anyone comment on fuel prices in Belize and what is expected in the near future. Here in the US, we are around $4.00 a gallon and it is expected to stay that way. It is driving up prices for everything including air fare. From what I have read about Belize fuel prices have been high for a long time. I wonder if Belize will experience further increases.

Where did you get the information that gas is supposed to stay at $4? Remind me not to use that source for my finacial planing.

And, it is not a question if Belize will experience further increases. It is a question of how much they will be.

Everything I read says that oil certainly hasn't stopped going up, and apart from odd ripples won't come back down again. A new standard level will be set that is so far above what we have been used to that it will have major repercussions.

We all knew it had to happen some time, and hoped the day was far off. Well, it's happening NOW.

"June 12 (Bloomberg) -- US Airways Group Inc. said it will eliminate 1,700 jobs and return 10 leased jets to counter surging fuel bills."

I was told one of these jobs may be mine....

The best of luck then, Wade.

With all these leased planes being returned, the next casualties will be the aircraft manufacturers, the difference there being the inertia of the technology development process. They'll simply stop developing new and more fuel efficient aircraft, and once their R&D teams are disbanded it'll take years to build them up again. This is getting serious.