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Unbundling is a real thing, with some pronounced second order affects. The first order effect of charging for in flight food service and checked bagged is purel
by lclarkmichalek 4y ago
Unbundling is a real thing, with some pronounced second order affects. The first order effect of charging for in flight food service and checked bagged is purely redistributive, but rise of low cost, heavily unbundled airlines has increased the total market for air travel, increasing net economic activity in the sector.