02 Mar Airline ticket prices: the last 30 years and the mysterious future
Why aren’t we happy with airline ticket prices? Because airlines convolute the pricing so many ways that we don’t know what the seat is really worth:
“Why don’t we appreciate this heyday in bargain flying? … The second, and less obvious, reason why we don’t recognize the amazing fall in ticket prices is that average consumers don’t know what a plane ticket “should” cost. Some prices, we know, as if by heart… Essentially, Americans are expert shoppers, not mathematicians.”
via How Airline Ticket Prices Fell 50% in 30 Years (and Why Nobody Noticed)
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