TweetSo much conflicting news lately. Europe appears to be heading further down into the hole with slower growth, renewed chaos in Italy and Spain, and potentially another round of single currency crises. China’s growth appears to be slowing again, and there are concerns about graft and corruption within the Communist Party. Chinese growth targets have [...]
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Airline Economics Reflect Increasing Inequity
TweetGary over at Viewfromthewing.com and Scott at Hackmytrip.com have an interesting little discussion going over whether or not coach passengers are subsidizing the extravagance of flyers in business class and first class. Essentially Scott argues that ancillary fees charged to coach flyers are tipping the airlines into profitability and the ability to invest in their [...]