this post was submitted on 23 Sep 2024
75 points (98.7% liked)

Weird News - Things that make you go 'hmmm'

903 readers
123 users here now

Rules:

  1. News must be from a reliable source. No tabloids or sensationalism, please.

  2. Try to keep it safe for work. Contact a moderator before posting if you have any doubts.

  3. Titles of articles must remain unchanged; however extraneous information like "Watch:" or "Look:" can be removed. Titles with trailing, non-relevant information can also be edited so long as the headline's intent remains intact.

  4. Be nice. If you've got nothing positive to say, don't say it.

Violators will be banned at mod's discretion.

Communities We Like:

-Not the Onion

-And finally...

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] themeatbridge@lemmy.world 23 points 1 month ago* (last edited 1 month ago)

For any free-market capitalists out there, this is called "market manipulation." It's the same as spoiling a product and letting it go to waste rather than selling it at the market price, or giving it away, because you'd rather keep the price artificially high. It's part of the grift. They make more by price gouging in times where passengers are desperate than they lose by flying with empty seats. If they were to lower the price to the point where people would actually want to buy them, then the gouging would be too obvious.