Main menu For students For teachers Explore our subjects Student events & courses

Teaching Economics

Blog

Profiteering from Icelandic Volcano

Jim Riley

17th April 2010

Share this content:

The Times features a very interesting article about the reaction or the percieved reaction of travel companies offering substitute forms of travel in the UK. Is the customer being ripped off? Is this price discrimination at work in the market?

Travel companies have denied profiteering from the volcanic dust cloud as stranded holidaymakers face paying premium fares to get home after the Easter break.

Channel ferry firms and Eurostar trains were fully booked this weekend as the Eyjafjallajökull volcano continued to pump ash into the atmosphere and aircraft were grounded across Northern Europe.

Read the full article here

Share this content:

Jim Riley

Jim co-founded tutor2u alongside his twin brother Geoff! Jim is a well-known Business writer and presenter as well as being one of the UK's leading educational technology entrepreneurs.