I’ve been traveling for close to twenty years . In that time, the airline industry has changed a lot. The use of points and miles has become widespread, round-the-world tickets have gone the way of the dodo, airlines have consolidated, and there has been an explosion of budget airlines. Over the last few years, the cost of airline tickets has steadily risen. They get more and more expensive while their prices often seem illogical. Since ticket pricing is an arcane and misunderstood subject, I want to take some time to explain why your airplane ticket costs what it does. A Look at the Airline Industry Ticket prices have increased over the decade for several reasons. For starters, the industry has consolidated a lot over the last few decades. Thanks to bankruptcies and mergers, there are now only three major alliance airlines (American, Delta, and United) in the United States.…