Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: tejek who wrote (364821)	1/4/2008 4:18:26 PM
From: TimF	Read Replies (3) of 1576876

Planes to Nowhere Imagine an aviation system in which planes fly two-thirds empty, fares are as low as $46 and the government pays up to 93% of the cost of a flight....that system exists in the USA — and quietly is expanding... That is from USA Today talking about the millions spent on the "Essential Air Service" program. Do you think that the program protects small rural communities? Nah, try small community airlines. ...as Congress has escalated subsidies through the years, the program has increasingly paid for flights between major airports and places that are neither rural nor isolated. [For example,] in October, the DOT agreed to one of the program's largest subsidies ever — $2 million a year to Atlantic Southeast Airlines. That pays 60% of ASA's cost to fly two round-trips a day between Macon, Ga., and Atlanta's Hartsfield-Jackson International Airport, 81 miles away. The airline projects that passengers will pay an average of $78 for a one-way ticket — and that flights, typically on planes with fewer than 70 seats, will run 83% empty. Need I tell you that the program was supposed to be temporary? Here's some more data from USA Today... marginalrevolution.com Some of these subsidized routes average just a handful of passengers per flight. One route averages 2.1 passengers.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next