Showing posts with label airfare. Show all posts
Showing posts with label airfare. Show all posts

Saturday, October 06, 2012

Markets in Everything: Speculating on Airfare, Beer for Space Travelers

How about this: When buying your airfare; get a discount if speculate right on fuel prices or pay more if you’re wrong.

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AllegiantAir wants it’s customers to be able to gamble on fuel prices. They’ve written a letter to the Department of Transportation asking for permission to allow their customers to be able to choose between a traditional fixed-price ticket and a discounted, variable-price one. If the price of jet fuel falls by the departure date, customers with a variable ticket would get some cash back. If the price climbs, they would pay more, up to a pre-disclosed cap.
Or how about specialized beer for astronauts and for space travelers?

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It’s too late for Oktoberfest, but the world’s first space beer will soon be available, if tests by Astronauts4Hire prove it has the right stuff.

The beer, produced as a joint venture between Saber Astronautics Australia and the 4-Pines Brewing Company, is a recipe designed for easy drinking in both in microgravity and on Earth. It is intended to meet anticipated demand from the nascent space tourism market.