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The President of United Airways Thinks Airfares Ought to Double

United’s President spoke yesterday on the Morgan Stanley sixth Annual Laguna Convention. It’s at all times fascinating to hearken to him, he lays out his considering extra clearly and candidly than most airline executives.

One factor identified is that “within the final 30 years airline income as a proportion or GDP has gone to about .6 from about 1.2%.” The conclusion he attracts is that airfares ought to double, “we’re below pricing our product by 50%.”

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