Originally Posted by JS
What's worse is that Bush wants to jack up the security fee another $6 roundtrip nonstop or $12 roundtrip with a connection. Assuming half the passengers fly non-stop and assuming Delta eats that increase for half the passengers (or eats half of it for everyone, same thing), the loss per passenger will rise from $4 to $8.50. Hello Chapter 11, maybe even 7.
^^
Agree completely.
To everyone who is of the opinion that these higher ticket taxes are a good idea:
The proposed increase is greater than the average per-passenger loss. If airlines could pass along the increased tax to the passenger, how come they can't pass along the increased fuel costs (causing much of the losses)??
Answer: Economics 101.
I'm a diehard Republican, conservative as they come, and I am baffled by President Bush's misguided attempts to tax airlines to death.