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Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

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1

Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

2

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

3

When SpaceX starts trading, some 'shareholders' will discover they own nothing at all
Air Travel

The Future of Air Travel Smells Like Inequality

By
Emily Price
Emily Price
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By
Emily Price
Emily Price
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August 9, 2017, 3:25 PM ET

Complimentary snacks are no longer a guarantee, but most flights at least come with bare-bone amenities, such as an assigned seat and the ability to toss carry-on luggage in the overhead bin.

As the gulf separating luxurious first-class air travel and economy continue to widen, however, that could be a thing of the past. Airlines have already started testing “Basic Economy” fares, which do not include the above “perks.” Now, Delta, United, and American are planning to roll out this class of ticket across their entire domestic networks, as well as add it to some international routes, The Wall Street Journal reports.

Going forward, then, travelers will need to pay even closer attention to the type of airline fare they’re purchasing. If you’re buying a “basic economy” ticket, you won’t be assigned a seat until the day of departure (read: you’re sitting in the middle), the ticket can’t be changed, and often, you won’t be allowed to bring a carry-on bag without paying an additional fee. While good news for thrifty travelers, it’s a disaster for passengers who make the purchase without fully understanding what they’re getting themselves into.

The difference between basic economy and standard economy fares are typically between $25 and $40. While the cheaper flight might be tempting, if you’re paying to check that bag rather than carry it on ($25 each way with most airlines), or really hate sitting in middle seats, you might be better off spending the extra cash when you book rather than shelling it out later.

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