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It makes no sense for a business to offer this. I'm surprised it has taken them this long to finally do something about it.
by vinayan3 14y ago
It makes no sense for a business to offer this. I'm surprised it has taken them this long to finally do something about it.
- excuse-me 14y agoReally? It's the late 80s, interest rates are pushing 20%, you are an airline with a credit rating that makes a drug addict look like a safe bet.You are flying with 50% empty first class seats. You offer a $1M (at today's RoC adjusted rate) ticket for fat cats to fly whenever they want - as a way of covering next months payroll. You figure that these people will get bored after a couple of flights/year. But you don't know that airport and security charges are going to start costing you $100/seat and you forget that these people will retire and decide that flying first class around the world is more fun than golf.