The truth about airline ticket prices.
I can explain the truth about airline ticket prices in just two words:
Jerry Jones.
Stay with me, please. And go one step further, considering also "The Death Star," as local sports commentators have dubbed Jerry Jones' new billion-dollar stadium in Arlington.
Put these two images together and consider one very important economic indicator: the FCI, or "Fan Cost Index." The FCI formula takes a representative look at what a family of four could expect to spend at a football game this year.
March 14, 2012 at 12:46 pm
As I understand it, after looking past the oxymoron of the title (truth and airline ticket prices are mutually exclusive), you are suggesting that pricing is related to heavy government subsidy, consideration of what a market will bear, an uncontrolled compulsion for over-priced beer, and a false prestige coupled with purchase of the product.
Have I got that right?
March 14, 2012 at 1:14 pm
All except the government subsidy part.
It’s been airline worker paychecks doing the subsidizing. The nation is entitled to cheap airfares, according to congress, no matter whose pension vanishes in the process.
Actually, I wish congress would do something about rising beer prices.