Category Archives: travel

Bankers First

The Economist says that this photo is "one of the most apt visual metaphors for the crisis yet". I’m not sure that it isn’t literally true. After all, Charlotte is a banking center, and 23 of the passengers worked at … Continue reading

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The Rise of Cheap Airlines

BreakingViews has launched its Poor Getting Poorer index, complete with predictable members such as Walmart and pawnbrokers EZCorp. But there’s also JetBlue: Though leisure travel will take a hit, discount carriers like JetBlue will attract those willing to take 3 … Continue reading

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Airline Economics, United Earnings Edition

It’s not easy, being an airline. Thanks to high fuel costs, United lost $252 million in the third quarter, on an operating basis. On the other hand, United was hedged. And as a result of those hedges, United ended up … Continue reading

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Desperate Measure of the Day, Silverjet Edition

Tracy Alloway reports on how Lawrence Hunt, the CEO of Silverjet, paid for fuel expenses in the airline’s final weeks: Hunt’s solution was to put fuel expenses on his personal credit card while the company waited for its next round … Continue reading

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Goolsbee 1-0 Salmon

Back in March 2006, Austan Goolsbee was a little-known Chicago economics professor, and I was an all-but-unknown blogger. In a fit of dudgeon, I took it upon myself to attack an article that Goolsbee wrote in Slate on the subject … Continue reading

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A Fun Train of Thought

I’m heartened by Christopher Conkey’s piece in the WSJ today saying that Amtrak is getting more financial and political support than ever. And about time too! My imagination was also sparked by a stray metonym: One measure of progress will … Continue reading

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The Economics of Checked Baggage

What to make of Delta’s new sliding scale for checking bags? On domestic flights, the first bag is free, the second is $50, and the third is $125. This kind of thing is the exact opposite of most retail economics, … Continue reading

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Why Hotel Wifi is Broken

I’m never going to stay at the Hotel Felix again. Why? Lots of little things, which I shan’t bore you with. But one of them is their idiotic system of charging for wifi – the subject of Joe Brancatelli’s column … Continue reading

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Making Money in the Airline Industry

Eos? Dead. Maxjet? Dead. Silverjet? Dead. Clearly, anybody starting a business-class-only airline would be better taking classes in business. But astonishingly, it seems that the founders of the last airline standing in this market, L’Avion, are actually going to make … Continue reading

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Improbable Predictions, Airport Security Edition

Joe Sharkey talks to Kip Hawley, the director of the Transportation Security Administration, about new checkpoint-friendly laptop bags: Mr. Hawley said he did not expect that the new laptops would create undue confusion after their introduction, since security officers would … Continue reading

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