Salomon Brothers Sees Higher Profits Through Ticket Auctions
U.S. airlines could have earned $8.3 billion last year, more than three times the $2.6 billion they reported, if they had used an auction market for unsold seats, according to Salomon Brothers. Analysts Julius Maldutis and Susan Donofrio said U.S. airlines are in the "early stages of a far- reaching...
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