181–190 of 364 posts
The airlines that are stockpiling capacity at our expense will come hat in hand for a bailout at our expense.
Yep. The same airlines that today are crying because of their "razor-thin margins" are the same ones that recorded billions of dollars in profit just a few months ago.
Ironic. I had heard tales of the old Soviet Union about trains running empty to fill distance quotas. It was presented as the ultimate proof of how messed up their system was.
Earlier quoted context omitted.
This is a stupid rule. This is not an unforeseeable case. Just sell the slots. You can sell them once and forever or you can auction them yearly or every two, three, five years, whatever. Demanding planes run for no one’s benefit is just setting money, and more importantly resources, on fire.
I don’t think you understand the problems associated with the “just sell the slots” idea. The problem is that big airlines could buy up slots and then not use them. They wouldn’t necessarily have an incentive to sell them, either, because the buyers could be small, regional, or low-cost companies that could leverage them to build up a small but profitable business and later take on the bigger airlines (as happened wi…
The big airlines already do that. It's why the smaller airlines are forced into the smaller, outlying airports.
Earlier quoted context omitted.
I don’t think you understand the problems associated with the “just sell the slots” idea. The problem is that big airlines could buy up slots and then not use them. They wouldn’t necessarily have an incentive to sell them, either, because the buyers could be small, regional, or low-cost companies that could leverage them to build up a small but profitable business and later take on the bigger airlines (as happened wi…
I don’t understand this. Can’t we put rules in place to prevent this? How hard can it be to take the slots back from the big airlines if they are not using them?
The airlines bought them. They're property. Just like the car dealer can't take your car back if you're not using it.
Earlier quoted context omitted.
I wonder what this will do to the method of estimating Chinas economy via Electricity/Coal usage. What is next on the line that isn't being actively tampered with.
> I wonder what this will do to the method of estimating Chinas economy via Electricity/Coal usage. I think the causality goes the other way. I think that they are doing this because that is how their economy is measured.
Ironic. I had heard tales of the old Soviet Union about trains running empty to fill distance quotas. It was presented as the ultimate proof of how messed up their system was.
There are similar ghost trains in the UK: https://www.bbc.com/future/article/20150723-why-britain-has-...
Ironic. I had heard tales of the old Soviet Union about trains running empty to fill distance quotas. It was presented as the ultimate proof of how messed up their system was.
This appears to be happening in China with electricity quotas. Running AC and machines in empty factories to make quota. "Local companies and officials are fraudulently boosting electricity consumption and other metrics in order to meet tough new back-to-work targets" https://asia.nikkei.com/Spotlight/Caixin/Lights-go-on-but-no... "Video evidence. In #Wenzhou, factory manager told they must consume 3000 kWh electrici…
Ironic. I had heard tales of the old Soviet Union about trains running empty to fill distance quotas. It was presented as the ultimate proof of how messed up their system was.