British Airways Fined Nearly $550M for Price Fixing

"Viking" <noway@goodgoodbye.com> wrote in message
news:2tm1b399n7f27r6p47ujns75etf99ksufc@...
> >>And where did that money (which would still leave a shortfall)
come
> >>from? Thin air? Or passengers???
> >
> >
> >From revenue a long time ago. That's what provisioning is. So
> >where's the shortfall?
>
> Come off it. Passengers are paying the fine. So BA isn't really
hurt,
> passengers are.

Don't talk . This won't make any difference to the prices
passengers pay. BA still have to compete, if they raise prices
passengers will just go elsewhere. If they could get away with raising
prices without losing customers, they'd do it anyway to increase
profits.

The fine will affect shareholders and board bonuses. Not passengers.

--
Andy

"Viking" <noway@goodgoodbye.com> wrote in message
news:nsn1b35ai808ttjmstt1eaa53qs3kfpbap@...
> >Your view is completely bizarre. EVERY company's customers pay
their
> >costs or they can't stay in business. No difference here except
you
> >keep trying to say this is now going to happen when it already long
> >since has. That was the provisioning. And if they tried to raise
> >prices when the market won't support it because other airlines
won't
> >go along, they will get nowhere
>
> Are you really so dense as not to see that I'm saying the fine is
> simply going to be applied to BA's passengers???

Do you have a clue how companies in competitive markets operate? They
will set their prices to maximise profits. If BA were a monopoly, or
all other airlines were fined the same, then it may have an effect on
ticket prices. But neither are the case.

--
Andy

"Viking" <noway@goodgoodbye.com> wrote in message
news:5uo1b3tuufc03829ajr0nhu8hk58idrbb0@...
> >> Come off it. Passengers are paying the fine. So BA isn't really
> >hurt,
> >> passengers are.
> >
> >Don't talk . This won't make any difference to the prices
> >passengers pay. BA still have to compete, if they raise prices
> >passengers will just go elsewhere. If they could get away with
raising
> >prices without losing customers, they'd do it anyway to increase
> >profits.
>
> Don't talk . If cost were the only consideration, everyone would
> be flying Ryan Air on all routes that BA and Ryan Air share. That
> doesn't happen.

*whoosh*

Hint: passengers might be prepared to pay £50 more to fly BA. They
won't suddenly be prepared to pay £60 more just cos BA have been
fined.

If BA could get away with raising prices and not lose passengers,
*they'd do it anyway* fine or no fine.

--
Andy