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I was under the impression that air travel was an extremely competitive market with slim profit margins. Am i wrong?
by Trundle 8y ago
I was under the impression that air travel was an extremely competitive market with slim profit margins. Am i wrong?
- rayiner 8y agoEverybody is mad that airlines are temporarily making profits during the lag between fuel prices dropping from peaks and ticket prices catching up.
- alsetmusic 8y ago> Everybody is mad that airlines are temporarily making profits during the lag between fuel prices dropping from peaks and ticket prices catching up. I knew nothing about this. My irritation towards the airline industry is entirely based on poor quality / service, which seems (to me) to be the result of my having no meaningful options as a consumer.
- Trundle 8y agoNah it's because most of us are cheap as fuck and book flights by whichever is cheapest. So it's a race to the bottom for pricing which means cost minimisation ie. Shit support and service.
- bobthepanda 8y agoSure. But merging legacy carriers, in my opinion, seems more likely to throttle the market's competitive features. Would it be so terrible if the legacy airlines were thinned, and more Southwest/JetBlue/Virgin America-type newcomers showed up? As it is American, United, and Delta are the largest three airlines in the world because they all had fairly sizable mergers.