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Thursday, January 26, 2012

Airline CEOs- high on money-grubbing, hit the bottom in ethics

Aitline CEOs'  reaction to the requirement to show total fares illustrates how far these folks are from running their companies ethically.

Overhead Bin - Fight over full-fare rules takes bizarre turn: "On Tuesday, Spirit Airlines, which is currently contesting the rule in court, launched a website called KeepMyFaresLow.org with the headline: Warning: New government regulations require us to HIDE taxes in your fares.
That brought a swift denunciation from Kevin Mitchell, chairman of the Business Travel Coalition, an advocacy group for corporate travel buyers. “With this ill-considered attack on DOT, Spirit Airlines has reached a new low and no doubt secured the poster-child crown for 2012 for misleading consumers.”
Not so, countered Spirit CEO Ben Baldanza. “Our view is that fares should be transparent and clear and that you should know what you’re paying your airline and what you’re paying in taxes,” he told msnbc.com."

Airlines must now show fees, taxes up front - Yahoo! Finance: "US Airways Group Inc. President Scott Kirby said this week that he wasn't worried that passengers would cut back on travel — they've been paying those taxes and fees all along.
But, Kirby said, including taxes in the advertised price instead of listing them separately will make it easier for the government to raise the taxes "because it's the airlines that look bad, and not the government.""

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