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American Airlines is Issuing 'Poverty Verification Letters' For New-Hire Flight Attendants Because Their Wages Are So Low
(www.paddleyourownkanoo.com)
this post was submitted on 12 May 2024
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You had a government mandated floor on prices until the 70's in the USA and the 90's in the EU, which meant that airlines had to compete on amenities and other ways to pull traffic to their airline. Once that price floor was removed, it became apparent that ticket prices were what drove most traffic, so airlines started doing whatever they could to drop ticket prices.
Nice write up, thanks. TIL.