American Airlines is reportedly issuing so-called ‘poverty verification letters’ for some new-hire flight attendants based in the most expensive metro areas in the United States, urging the recipients to help out the flight attendant because they are only set to warn little more than $27,000 per year before tax. The leaked letter is being provided…
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.