Citation
(2000), "Crazy world", Work Study, Vol. 49 No. 4. https://doi.org/10.1108/ws.2000.07949daa.004
Publisher
:Emerald Group Publishing Limited
Copyright © 2000, MCB UP Limited
Crazy world
I have just booked two flights. The first (flying in a weeks' time) is from Leeds to Glasgow: distance 250 miles. The second (flying in two week's time) is from Leeds to Boston via London: distance, quite a lot more - about 3,000 miles. The 250-mile flight has cost me £250 and the 3,000-mile flight has cost me £280. Now, I do not know a lot about the economics of running an airline, but I can work out that these prices have nothing to do with economics and everything to do with understanding and exploiting competitive and non-compete markets. It does us system thinkers good to remember that there's more than one way to add shareholder value.