Comment by wat10000
15 hours ago
Sounds like the industry is extremely efficient. Why would we want to turn this into regulated utilities?
15 hours ago
Sounds like the industry is extremely efficient. Why would we want to turn this into regulated utilities?
sounds like it's not efficient at all? it's barely functional as a business and is only surviving on grifty addons?
This is a textbook case of competition pushing profits down to 0. That's an ideal case scenario. Why would you want to change this?
Maybe they would have been more profitable if they weren't funneling $1 million every year into their CEO's pocket?
1 reply →
[dead]
"Perfect efficiency comes at the point of collapse"
Don't know where I read that, but it seems apropos.
It’s perfectly competitive. There is no rent seeking on the core.
It’s highly functional. It’s barely profitable. That’s good for the customers.
Good? It’s dirt cheap
Because efficiency is not the end goal of life.
So the end goal is making poor people pay more for the flights home on holidays so that the investors can have higher returns?
How about transportation?