TweetEarlier last week, the Los Angeles Angels shocked the baseball world by signing marquee free agent Josh Hamilton to a massive 5 year, $125 million dollar contract. This was surprising because offense did not seem to be a weakness for the Angels, their pitching had more holes to fill, and because Mr. Hamilton played for [...]
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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 [...]