The DoJ has filed suit to block the merger of US Air and American Airlines, because they've noticed that while the airlines' executives publicly gave the reason for the merger as "synergies" and efficiency, they told the industry that the merger would allow them to jack up prices and charge more fees. Pictured to the right, Scott Kirby the US Air President who took to the podium at a conference to say it was "impossible to overstate the benefit" of the new fees he'd be able to charge after a merger.
The suit hearkens back to the time in 2011 when US Airways President Scott Kirby said that industry consolidation had made it possible for airlines to then successfully complete three airfare hikes that year, reports the Associated Press’ Scott Mayerowitz. And then in 2012 he spoke at an industry conference, saying it’s “impossible to overstate the benefit” of mergers in giving airlines the ability to impose new fees.
Past Statements About Moneymaking Mergers Returning To Bite Airline Execs In The Behind
Claude Shannon is one of the great, heroic titans of the computer science revolution, a brilliant scientist and Feynman-grade eccentric whose accomplishments fill several excellent books.
Your Roomba vacuum cleaner collects data about the size and geometry of your home as it cleans and transmits that data back to Irobot, Roomba’s parent company — and now the company says it wants to sell that data to companies like Apple and Google.
The American “productivity paradox”: technology keeps marching, but the amount of profit generated by the average worker’s average hour is stagnant.
If you often find yourself far away from AC power, or just want to guarantee that you’ll have GPS access on your next camping trip, the SolarJuice External Solar Battery is an excellent companion for outdoor adventures. It’s currently available in the Boing Boing Store for $59.99.The SolarJuice has a 26,800 mAh battery capable of […]
Between election hacks, ransomware, and Devil’s Ivy, the cybersecurity space is booming as malware and hackers become more sophisticated. If you’re interested in pursuing a career in ethical hacking, or just want to secure your own devices, The Super-Sized Ethical Hacking Bundle is a great resource.In this bundle, you’ll learn the fundamental skills of ethical hacking, prepare […]
The TREBLAB X11 Earphones are versatile, offer great sound, and are currently $32.99 in the Boing Boing Store.These Bluetooth earbuds are a great workout companion. They’re totally sweat proof and their ear-fins keep them snugly in place during high activity — something that Apple’s AirPods can only do if you were blessed with precisely the […]