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And the major airlines continued slashing fares.
They have tried slashing fares but are hitting the limits of this, because of entrenched working conditions and determined unions.
He quickly brought in the "fares fair" policy, which proved popular, slashing fares on public transport by 30%.
Hoping to win back customers, Air India is slashing fares and planning to expand, even though it loses money on 95 percent of its flights.
The airline has been adding flight capacity and slashing fares to get customers aboard, meaning overall passenger numbers have only dropped by 0.3% year on year.
People living near the airport need action on air quality much sooner and one quick win would be slashing fares on Heathrow Express to encourage more people to use it.
Similar(48)
Slashing fare prices, jobs and salaries may not be enough to save airline jobs, or the airlines themselves.
*Last week, all of the airlines suddenly slashed fares.
On 10 April, hundreds will gather at stations across London to campaign to slash fares.
Fifteen years ago, he slashed fares by one third in a populist gesture that threatened to bankrupt the bus and subway system.
Commercial air travel certainly costs less -- and may soon be even cheaper as airlines, desperate for customers, slash fares.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com