00:00What are your thoughts about flying right now?
00:01One thing, is flights aren't getting cheaper, even with all of these airline incidents.
00:05In fact, travelers are paying more in alternative options like Amtrak or PAC.
00:09Let's break it down, but first, make sure you follow Benzinga so you don't miss the
00:12latest updates.
00:13Just this last week, a Delta Airlines jet flipped upon landing in Toronto, injuring
00:1721 passengers.
00:18According to AP News, Delta's CEO said the pilots were highly experienced, but the exact
00:23cause of the incident is still under investigation.
00:25Now, you'd think that ticket prices would drop with airlines dealing with issues like
00:30this and other accidents in the last few months, but that is not happening.
00:33Expectedly, according to a 2015 CBS News report, airline prices between cities like New York
00:38and Washington, D.C. went up after a major Amtrak crash.
00:41Less people wanting to ride the Amtrak, more people are flying.
00:43So with all of these incidents and crashes, why aren't flights getting cheaper then?
00:48Experts say airline pricing is driven by demand, not safety concerns.
00:51According to Scott Keyes, founder of the travel site Going, airlines don't offer flight discounts
00:55after incidences because demand remains strong.
00:58Instead, airlines may raise prices to cover legal costs, provide higher insurance, and
01:02add safety measures.
01:03And if you're thinking of skipping flights and taking a train, personally I would.
01:07I love Amtrak.
01:08So is everyone else.
01:09Amtrak Service's latest update shows that high demand has led to fully booked routes,
01:13especially in the Northeast Corridor.
01:15Last month, 110 passengers were stranded in Washington, D.C. after a major boarding mishap,
01:20which only added to scheduling issues.
01:21So what's the major takeaway?
01:23Expect airfare to drop any time soon because of these accidents.
01:27Delays, lawsuits, and other insurance costs could drive prices even higher.
01:30And if you're considering Amtrak, book early, as those trains are filling up fast.
01:34Have you noticed price changes lately?
01:36Or not?
01:37Let me know what you think in the comments below, and don't forget to follow Ben Zinger
01:40for more updates on stories like this and more.
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