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663 points duxup | 1 comments | | HN request time: 0s | source
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Lio ◴[] No.45361891[source]
> Airlines want to remove the requirement to provide automatic refunds when flights are cancelled or significantly altered.

This is wild. Are they really asking to be able to take money for a flight, then cacel it and keep the money? That's crazy.

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realusername ◴[] No.45362322[source]
I mean, why even bother to run flights at all in this scenario?

They could cancel 80% of flights and keep the rest to pretend they are still an airline.

Cancelations would be more profitable than the flights themselves.

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tavavex ◴[] No.45362666[source]
80% would be way too much, the consumers would catch on and probably not buy tickets anymore. But don't worry, the airlines' best MBAs will be hard at work calculating the exact percentage of flights they have to fly before it starts hurting the bottom line. And once all airlines start doing it, they could bring that percentage down - what are the consumers gonna do if that's the only way to get to the destination?
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1. grafmax ◴[] No.45363869[source]
Exactly. These supposed benefits of deregulated markets dissolve when the sellers have pricing power.