Spirit Airlines is a low-cost airliner that is known for keeping prices low and innovating the market. However, decreased travelling due to the recession has caused Spirit Airlines to go in search of another source of revenue. They found it in…carry ons.
Spirit Airlines Inc., the low-cost carrier based in Miramar, Fla., announced Tuesday that it would charge passengers as much as $45 for each piece of carry-on luggage.
The move is a departure from other airlines that have added or increased fees to check luggage into the cargo bay. Most airlines have added such fees in the last two years to help make up for declining demand.
Adding more fees is no way for a low-cost air carrier to get ahead in the market–but I understand this move. My suggestion would be to cut down on spending, cut the fat out of the operation, before even considering a fee on carry ons.
Virtually everyone in America knows the story of George Washington leading a daring night-time raid on British Forces by crossing the Delaware River. He did this on Christmas, and a scene reenacting this event takes place every Christmas. This year that tradition seemed in danger because of recession budget cuts which nearly shut down the operation on the Pennsylvania side. Fortunately for those who love this tradition, Lockheed Martin donated $400,000 to keep the event going when taxpayers could not afford it.
Besides the money to pay for Friday’s crossing, technology manufacturer Lockheed Martin Space Systems Co. pledged a five-year commitment of volunteer support from 13,000 employees for park maintenance and operations.
Other fundraising campaigns included the auction of a prime seat for the re-enactment.
Newtown, Pa., home builder Thomas Fischer won the auction and paid $3,500 for the right to don period garb and take a seat in the lead boat.
How would you like to be in General Washington’s boat on Christmas? Pretty amazing.
NewsCorp, under the guidance of media mogul Rupert Murdoch, has long been looking for a way to make the Internet more profitable. The rise of search engines like Google has made it nearly impossible for newspapers to remain profitable. Why would people pay for newspaper subscriptions and have to deal with confusing, fold-open, newspapers in black and white when they could simply access the newspaper’s website and read everything there at their leisure.
Search engines like Google and Yahoo have further contributed to this problem by indexing each article that a newspaper publishes and making it available to individuals. Unfortunately for NewsCorp, they make virtually no money through this system, except the limited earnings that can be procured from online advertising. So, they are now threatening to remove their articles from Google, a process known as de-indexing, and indexing them in Bing exclusively. Bing, for their part, is willing to pay for this monopoly of information. NewsCorp, and Rupert Murdoch, stands to gain quite a lot of money from such a deal–but one must wonder if it will diminish the media-empire’s influence or the size of their readership.