11-17-2014, 08:19 PM
Will Collier wrote:
Same reason Apple can get a 300% markup on iPhones: demand outpaces supply. Prices rarely drop when that's the case.
That's not fair - airlines have tiny margins, severe cost uncertainty and are always in danger of going out of business. The reduction in prices gives them some breathing room for the first time in years. The trend will turn again and they'll be in big trouble again.
