Last summer the residents discount was increased to 75% for travel between the islands and mainland Spain. Archive photo. | Montserrat T. Díez - DECENAS DE
Palma21/11/2019 13:13
Airlines are reportedly slapping massive price increases onto tickets for Christmas and the Three Kings holidays to offset the 75% discount for residents of the Balearic Islands according to the Association of Agencies of Viajes de Baleares, or Aviba.
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Really, Fred, what planet are you living on? Supply and demand - the first principle of economics and capitalism. Airlines exist on wafer thin margins and yes, their financial management is clever, but it has to be. Why do you think that nearly 30 airlines, including many who flew here, went bust in the last 12 months alone? Would you prefer no services at all? And to suggest that airlines should be punished is naive in the extreme. That said, there Have been recent situations where airlines have put up prices as a result of natural disasters and other events. Here I would agre that their actions are somewhat dubious. But to punish them for putting prices up at, for example, Christmas, is nonsensical. Again, supply and demand. Strawberries are so more expensive out of season!
All the Airlines are guilty of increasing prices when they know it will be a period of high demand. It is disgraceful profiteering. Is there a controlling body that can punish them ?.