this post was submitted on 21 Aug 2023
825 points (98.0% liked)
Apple
17438 readers
403 users here now
Welcome
to the largest Apple community on Lemmy. This is the place where we talk about everything Apple, from iOS to the exciting upcoming Apple Vision Pro. Feel free to join the discussion!
Rules:
- No NSFW Content
- No Hate Speech or Personal Attacks
- No Ads / Spamming
Self promotion is only allowed in the pinned monthly thread
Communities of Interest:
Apple Hardware
Apple TV
Apple Watch
iPad
iPhone
Mac
Vintage Apple
Apple Software
iOS
iPadOS
macOS
tvOS
watchOS
Shortcuts
Xcode
Community banner courtesy of u/Antsomnia.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Airlines are a disgrace to the gift of flight.
Nice job, you took human flight, something once hailed as breaking the chains imposed on our species by the gods above, and in the name of profit made it the most tedious and insufferable thing imaginable.
People chased the lowest fares possible too though. "Hey, I can save $5 by sitting in this even tinier space where they charge for taking a piss! I can hold it for 3 hours."
Relevant
https://m.youtube.com/watch?v=8bmGff5f-Ug
Here is an alternative Piped link(s): https://piped.video/watch?v=8bmGff5f-Ug
Piped is a privacy-respecting open-source alternative frontend to YouTube.
I'm open-source, check me out at GitHub.
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.
If people could pay double, things would cost double. Quality likely wouldn't change.
Source for this hypothesis?
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.
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.
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.
8% profit margin? That's... Absolutely abysmal. How the heck do they stay afloat?
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.
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)
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.
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
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.
Every streaming service.
That's a super young market by airline standards, still settling in. Not comparable
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.