Quote:
“Airlines can’t just raise fares because costs go up, because they already charge as much as the market can sustain.”
I didn’t understand this one either. Load factors are in the 90s. What’s wrong with raising ticket prices until load factors settle in the low 80s. This was normal in the mid to late 1990s. In fact, I remember being at a management town hall when the CEO at the time said that when load factors exceeded 80%, they would either add another section or change to a larger fleet type.Originally Posted by CQKSNT
This is when you know this piece is bs:“Airlines can’t just raise fares because costs go up, because they already charge as much as the market can sustain.”