Growing industries increase their profits by improving their products and attracting more customers. Declining industries increase their profits by finding ways to squeeze more profit out of existing customers while they can. Which kind do you think is becoming more common?
Click on The Incredible Shrinking Plane Seat for a Wall Street Journal article on how the airlines do the latter.
Tags: Airline Seats, Airplane Seats, Boeing, Shrinking Airplane Seats
October 30, 2013 at 12:42 pm |
how about the customers are adding and they still squeezing them in a tolerable way. (I guess That’s how free trade/neo-liberalism treats works all over the world.)
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