I’ve been watching the MIT 14.01 and 14.41 courses. John Gruber at one point talked about prices for flights were set by the government, so the airlines could only differentiate themselves by providing luxury.
Once the market was “freed” (or whatever you’d call it), people kept choosing for the cheaper flights, over the luxurious ones, so the luxurious ones disappeared, and now we only have “cheap” ones.
Also, because the airports were the ones with the power to force the airplane owners to pay whatever they were setting for the parking spots, it ended up the airports being the ones to set the price of a flight (indirectly). Like, if you’re an airplane owner, where else are you going to park? Pay up, bucko!
I’ve been watching the MIT 14.01 and 14.41 courses. John Gruber at one point talked about prices for flights were set by the government, so the airlines could only differentiate themselves by providing luxury.
Once the market was “freed” (or whatever you’d call it), people kept choosing for the cheaper flights, over the luxurious ones, so the luxurious ones disappeared, and now we only have “cheap” ones.
Also, because the airports were the ones with the power to force the airplane owners to pay whatever they were setting for the parking spots, it ended up the airports being the ones to set the price of a flight (indirectly). Like, if you’re an airplane owner, where else are you going to park? Pay up, bucko!