Seaknight1
Well-known member
- Joined
- Jan 22, 2003
- Posts
- 98
Nope, those were counted in the last reduction.chaniqua 35 seat lawn darts.
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Nope, those were counted in the last reduction.chaniqua 35 seat lawn darts.
Just raise prices already! Why make the employees suffer for cost increases?
I'm affraid its going to suck to be one of the last 300-500 hired at big D.Cuts are not temporary, aircraft are going to be sold to improve liquidity.
"These reductions will be achieved partly by taking 15 to 20 mainline aircraft and 20 to 25 regional jets temporarily out of service.
International business will grow and domestic capacity cuts will come out of point-to-point flying. No reductions will be seen in competitive markets,...
Won't help anymore if we continue down the recession path. People are spending less on things that arent priority to them or their families...like vacationing and traveling for example. So if you hike the prices way up to cover fuel cost then people just wont fly.
Just to clarify:
-An elastic market is where there will be a greater percentage decrease in demand with any percentage increase in price and total revenue will decrease. In other words, passenger demand is less responsive to price changes (think family of four going on vacation).
-An inelastic market is where there will be a lesser percentage decrease in demand with any percentage increase in price, resulting in an increase in total revenue. In other words, passenger demand is more responsive to price changes (think business guy who will spend any amount of money to get to a meeting in NYC).
-Trust me, Airline Management 101.
What you really meant is in an "elastic" market, but the flying public has proving you wrong anyway. They are willing to pay to fly and that's why load factors continue to stay very high even though prices are going up. That may change as the economy tanks, but I'm not an economist, but I am an educator.