- American, JetBlue and Alaska have all raised baggage fees this year.
- Carriers have changed the price to check a bag depending on whether travelers pay for it in advance or at the airport.
- Airlines and other companies have been grappling with how to grow profits while reining in costs, such as new labor contracts.
And that’s the problem. It’s not enough to be profitable, you have to be more profitable year over year, forever.
Infinite growth is unsustainable. How long before it collapses?
The next recession when they’ll get bailed out by the government (yet again) and start the same process over again.
Privatize the gains, socialize the losses
Oh wait but it’s wrong when the people get government support, that’s socialism!
Wish we’d start socializing the gains and privitizing the fuckin losses.
When we realize that part of the solution is to kill the culprits.
There is plenty of historical precedent…