Displaying Disney’s pricing power, they will implement dynamic pricing for 1-Day tickets and as do the airlines, Amazon and Uber.…
A Clever Airline Baggage Solution
Because Boeing’s new overhead baggage bin reduces boarding delays and creates the storage space that extra seats require, it adds to airline productivity.…
Venezuela's Biggest Economic Problem
The perverse incentives created by Venezuelan price controls result in shortages, underutilized resources, wasted time, soaring inflation and hoarding.…
Changing Air Travel Routes
The marketplace affects where we can and cannot fly. If you need to travel between Lima, Peru and Atlanta, you can thank asparagus lovers. More than passenger traffic, Delta values the route because o…
Plane Colors
If you are flying during the holidays, do take a look at the color of your plane. Is it rather bland? The reason is deregulation. After 1978, when government stopped approving fares, guaranteeing prof…
Broadway and Airlines
Have you ever hesitated to book an airline reservation and, within moments, the price changed? Or, could you have known that delaying your purchase of a ticket to God of Carnage in LA last summer woul…
Surprising Biofuels
McDonald’s used fryer grease? Alaska Air might want it. On 75 commercial flights, they will partially fill their tanks with biofuels that contain used cooking oil. Selecting algae for its biofue…
Coupon Economics
When Starbucks raised its prices during the beginning of 2010, it lowered the price of a tall regular to $1.70. But, if you wanted a splash of foam, a shot of espresso, or a touch of flavor, the addit…