How does it raise the per capita damage? Airlines are only profitable if they fly at high load factors. If price increases reduce the number of passengers flyi

How does it raise the per capita damage? Airlines are only profitable if they fly at high load factors. If price increases reduce the number of passengers flying, the airlines will try to fly fewer planes that are just as full as today. Thus the per passenger cost is the same. (... based on a consulting project I did 20 years ago on airline network economics/route capacity optimization)