Thread: PAY - Idea
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Old 05-03-2009 | 03:29 PM
  #38  
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BigBallzMagee
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From: CRJ Flap Operator
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Originally Posted by Lowlevel
As far as airline ticket prices, you should never be able to fly in a plane cheaper than it is to drive your car! That's that. Raise the prices to where they once were and people will still fly, not as often, but still fly. Business travelers will continue to fly, it's a requirement in the global market. People will take their vacation once a year, after saving for it, instead of showing up in their pajamas and jetting off to grandma's once a month for $100.

NYC to Disney - 1,113 miles
Airline ticket $89.00 ($0.079 per mile), 2.5 hours
Auto - $140.00 gas (at $2.50 average price), 17.5 hours

If your time is worth anything, that needs to be figured in too (let's face it, people fly because it saves time). So, what is your passenger's time worth? Let's just use $10 an hour as an example (Burger flipper heading to Disney).

Savings by flying - 15 hours
Gas - $140.00
Time - $150.00
Total $290.00 (not including regular operating cost such as oil & maintenance. Also, not including food stops along the way.)

So, a ticket from JFK to MCO, one way, should never sell below $290.00

Some peoples time is worth much more than $10 an hour, this was just a simple example.
100% agreed.......good post.
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