• Koppensneller@lemmy.world
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    1 year ago

    You want a good flight experience? No problem.

    You want a good flight experience that is also cheap? No sir.

    The airlines just cater to the market, if people were able and willing to pay double, things would be vastly better.

    • Ignisnex@lemmy.world
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      1 year ago

      If people could pay double, things would cost double. Quality likely wouldn’t change.

        • Skiptrace@lemmy.one
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          1 year ago

          It’s called Free Market Capitalism. If the market can bear double the cost, the prices will rise to meet the level the market can bear.

          • jimbolauski@lemmy.world
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            1 year ago

            I see you got as far as supply and demand in your economics course before you zoned out. Competition specifically 3 competitors has been shown to apply sufficient pressure to stop price gouging. Airlines profit margins are at 8% which indicates sufficient completion.

            • Rodeo@lemmy.ca
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              1 year ago

              Too bad the regulations to support competition and disband oligarchies is so pathetically weak.

              Incidentally, why is it that every gas station in town can fix their prices together? Isn’t price fixing supposed to be illegal?

              There is not sufficient regulation to support the hypothesis of competition.

              • jimbolauski@lemmy.world
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                1 year ago

                Not sure if you are being sarcastic and think 8% is huge or you are being sincere and think 8% is poor. 8% is average compared to other industries.

                • Skiptrace@lemmy.one
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                  1 year ago

                  8% is tiny. Like, microscopic.

                  In my industry, if your Profit Margin per ticket is less than 70% for a long enough time, your gonna go under. (Automotive Repair)

                  • jimbolauski@lemmy.world
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                    1 year ago

                    I doubt your profit margin per ticket includes over head costs. Is sounds like it’s mostly direct costs that are included. If your shop truly had a 70% profit margin the owner would be loaded, for every 100k you charge customers they would be taking home 70k in profit.

          • LufyCZ@lemmy.world
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            1 year ago

            And free market capitalism also supports competition - if there’s a company that can do it for less, there will be, because people will spend less if they can.

            It works both ways mate

        • some_guy@lemmy.sdf.org
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          1 year ago

          How long have you been alive? If you’ve been an adult for ten or more years and haven’t noticed the degradation in quality of services, I don’t know what to tell you.

          • LufyCZ@lemmy.world
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            1 year ago

            That’s a super young market by airline standards, still settling in. Not comparable

    • ToastyWaffle@lemmygrad.ml
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      1 year ago

      Things would not get better, they’d just charge more to increase profit margins. Haven’t you ever lived under Capitalism before?

      • WhipTheLlama@lemmy.world
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        1 year ago

        People already pay double, and more, for business and first class. They get a much better experience than economy fliers. The problem with flying economy is that it’s a race for the cheapest ticket, so they’ll keep cutting service and comfort as long as people still buy tickets.

        If people stopped buying economy tickets because the experience isn’t acceptable, then it would improve.

    • SocialMediaRefugee@lemmy.world
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      1 year ago

      The glory days of air travel were before deregulation and they were much more expensive. Now they are cheap and as pleasurable as going on a bus. Actually prices have been going up significantly recently but the shitty conditions remain.