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View Diary: Cantor on airlines pocketing ticket taxes: 'That's what business does' (82 comments)

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  •  It's called 'demand elasticity' (2+ / 0-)
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    Misterpuff, HylasBrook

    Airfare prices are controlled primarily by demand, not supply. At least that's what the airlines have told us by this move.

    Note that people buying tickets for future use this week - at the new fares - will find themselves being charged additional taxes at the check-in counter once this is sorted out.

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