this post was submitted on 07 Jun 2024
805 points (98.7% liked)
Technology
60085 readers
3811 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Airline CEOs doing their damnedest to out-fumble eachother.
Fumble what?
It's a completely regulatory captured industry that makes the majority of its profit from being financially engineered gift card style quasi banking institutions via their milage program agreements.
This is just more cash off the top. Free $$$$.
It's truly amazing....they must stand at the front of meetings and just ask "how do we make our passengers hate us most?"
Maybe I don't understand the economics of this move, but are they really going to make that much more money from targeted ads? If it's double the price, I assume it's worth it, but if it's a ~10% gain it's just dumb.
Numbers must go up at all costs. By the time the company's reputation hit rock bottom, the CEO already jumped ship to the next company.