Indeed Bealzebub
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The advent of the pile em high sell em cheap airlines (or supermarkets, car warehouses, etc.)
is what I have alway called "the race to the bottom". Unfortunatley is its a reality, and as you say I am sure if pax could afford it, they would prefer to travel under slightly better conditions, but I expect long term the CORRECT ratio of fares to running cost will come about, without excluding too large a % of the public and at the same time redeeming the industry a little for the better.