Hi Gail,

At 11:35 28/09/01 -0400, you wrote:

<<<<
Hypothetical exam question: 
  
Is Landsberg right? If so, why are governments not bailing out the airlines
by making it less expensive for people to fly? Why is there no vociferous
lobby for reducing ticket prices, perhaps through a voucher system
temporarily reducing the costs of flying? Wouldn't this be a healthier form
of bailout both for the airlines and the public than just giving cash to
the airlines? Wouldn't a reduction in ticket prices to the consumer be more
likely to maintain jobs and lead to a resumption of normal airline
activity? Are resources that might be used against terrorism being
needlessly wasted by a straight "bailout" of the airlines? Discuss.
>>>>

You bet! In England two of our airlines, EasyJet and Ryanair, are offering
ticket prices of �9-99 and �0.99 respectively (yes -- about US$15.00 and
US$1.50) for flights to Europe and thus thousands are filling their seats
in truly elastic fashion.

Keith Hudson
 

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Keith Hudson, General Editor, Calus <http://www.calus.org>
6 Upper Camden Place, Bath BA1 5HX, England
Tel: +44 1225 312622;  Fax: +44 1225 447727; 
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