Schumer at it again

[The Prussian]

Interesting to see free market economics at play here. When the economy started to tank a couple of years ago, high cost carriers felt forced to offer low (cost) fares in order to fill empty seats, minimize their losses, and protect their market share. Thus, until recently there had been little price differentiation between high cost legacy fares, and the low cost fares.

Now that the economy has started to sputter back to life, legacies still want to appear competitive to low cost carriers, by offering similar fares, yet raising their overall price package to the consumer by adding checked bag fees. (I don't feel certain that most carriers will follow Spirit's lead, as I see their move to emulate Ryannair as back-firing in the American public's mind...the domestic marketplace is already super-saturated, and super-competitve, anyway)

Therefore, what I now see is a gradual "parting of the seas", with low cost carriers still offering low cost fares, and high cost carriers offering a higher priced end product to cover their higher costs...free markets at play.

 

[Beaver79]

http://us.rd.yahoo.com/finance/exte...1-41_n12182010_newsml&rpc=44&type=marketsNews

Honestly, how is this at all Congress' business? If an airline wants to cut its own throat with its customers, let them! I fear government "help" far more than I do another airline fee.

Good to see our national "leaders" (and i use that term VERY loosely) are worried about the important things....instead of things like the $13 trillion dollar national debt. How about this Senator Moron - let the market forces figure it out! Pax will naturally gravitate AWAY from Spirit when they figure this stuff out, and if they don't, well, Spirit gets the revenue from dumb pax!