to hell with the industry
05-05-2006, 08:15 AM
#13
Gets Weekends Off
Joined APC: Oct 2005
Position: XJT F/O
Posts: 144
I think redeye hit the nail on the head, it is the lack of control in a free market economy that has created alot of the problems americans face today. When less then one percent of the population of the world control everthing, oil, what do you think is going to happen. If I remember my history correctly that is what caused the great deppression. I also remember that a move to the socialist side brought us out of the great depression. I guess history does repeat itself.
05-05-2006, 08:22 AM
#14
Just Plane Stupid
Joined APC: Feb 2006
Position: Captain
Posts: 461
The Airline Industry is the most regulated unregulated taxed indusrty going...The Government will most likely not mess directly with their cash cow. And how free is a market that has cash investors like JP Morgan, AMEX, to name a few...They will tell you what your going to pay for a ticket...And if you don't pay it...They'll just liquidate the 9 Billion Dollar asset with the 4 Billion Dollar Investment.
05-05-2006, 09:36 AM
#15
Gets Weekends Off
Joined APC: Jan 2006
Posts: 2,838
Originally Posted by SkyHigh
One huge hurtle is that we live in a capitalist system and it is illegal to create a monopoly.
The gene is out of the bottle. Consumers will not stand for $3000 round trip tickets from LA to NYC. SkyHigh
The gene is out of the bottle. Consumers will not stand for $3000 round trip tickets from LA to NYC. SkyHigh
A quick search of Airline Websites
LAX-JFK round trip
AA $312 coach $1398 1st
AS $353 Coach
CO $357 Coach $ $1298 1st
Delta $ 223 Coach
NWA $312 Coach $ 1430 1st
USair $313 Coach $1028 1st
Again Skyhigh, Get your facts straight before you Post Son!
Last edited by RedeyeAV8r; 05-05-2006 at 01:04 PM.
05-05-2006, 12:56 PM
#16
Gets Weekends Off
Joined APC: Feb 2006
Position: 767A (Ret)
Posts: 6,248
Etymology
Originally Posted by 757Driver
What's a "hurtle"??
HURTLE (noun) fr. Olde English: "hurled turtle"
A now-extinct species of tortoise. They were all used as catapault ammunition in the Middle Ages. Once the catapault was fired, the noun "hurtle" became a verb.
05-05-2006, 03:37 PM
#18
Prime Minister/Moderator
Joined APC: Jan 2006
Position: Engines Turn Or People Swim
Posts: 40,054
Originally Posted by SkyHigh
The gene is out of the bottle. Consumers will not stand for $3000 round trip tickets from LA to NYC.
SkyHigh
05-05-2006, 10:45 PM
#19
Line Holder
Joined APC: Sep 2005
Posts: 37
Originally Posted by HeavyDriver
The Airline Industry is the most regulated unregulated taxed industry going...The Government will most likely not mess directly with their cash cow. And how free is a market that has cash investors like JP Morgan, AMEX, to name a few...They will tell you what your going to pay for a ticket...And if you don't pay it...They'll just liquidate the 9 Billion Dollar asset with the 4 Billion Dollar Investment.
From the Chase website:
"WILMINGTON, Del. – May 2, 2006 – BP North America [NYSE: BP] and Chase [NYSE: JPM] announced today the launch of the new BP Visa Card, just in time for summer travelers to earn more rebates on gasoline, travel and dining purchases.
The new BP Visa Card offers a five percent rebate on BP purchases – including gas, convenience store items and car washes. Additionally, card members can earn two percent rebates on most travel and dining purchases as well as one percent on virtually all other card purchases."
The Banks don't care who offers the cheapest seat they make more money in credit card interest than the 83.00 coast to coast ticket, they're quite happy to see people with less disposable income travel, those folks keep their balances up, thus 13.5-19.9% over a period of time out weighs a initial cheap purchase.. The more an Airline falls into a bind, the bank raises their lease and loan terms ..
just my opinion..
Rofzu..
05-07-2006, 05:32 PM
#20
done, gone skiing
Joined APC: May 2005
Position: Rocking chair
Posts: 1,602
Originally Posted by SkyHigh
The free market is needed to protect the consumer. If ticket prices were forced upwards I think the business traveler would stay home and use more email and electronic conferencing................
................... Consumers will not stand for $3000 round trip tickets from LA to NYC.
SkyHigh
................... Consumers will not stand for $3000 round trip tickets from LA to NYC.
SkyHigh
For a business traveler $1000 to $3000 is pocket change compared to the alternative. Let them price a charter in a biz jet, makes 1st class look down right cheap. 
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