Although airline ticketing is primarily a service, it represents a fixed product inventory with several unique characteristics. Identical units will have different values because of different purchase conditions and service amenities, enabling it to be priced and sold at distinctive price points. Also, the value of an unsold product increases in the market with time, but only up to the point the aircraft departs.

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March 31 is the deadline! Mukesh Ambani, the chairman of Reliance Jio, recently said that Jio was soon going to be a paid affair. No more free data, no more Jio’s free bouquet of services after March 31. At the same time, Jio is strongly nudging users towards Jio Prime, a membership that costs Rs 99 annually.

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“We manufacture a legal product that is subject to unreasonably high taxation and we do this within tightly regulated parameters that are set by governments, including Ontario. In the fiscal year 2009, the government of Ontario pocketed more than $1 billion in taxes on the sale of tobacco products. It will continue to profit from tobacco sales even as it pursues an additional cash grab through the courts.

But no airline has yet fired up its PR machine and spread word of new flights to and from San Bernardino. Airport officials have consistently said they are near a deal but cannot name names because airlines want the prerogative to make their own announcements. “Everything is going as good as can be expected.

No sweat now. No stress. If we feel like going somewhere, we still go, but usually prefer to travel when the weather’s cooler. Turkson thereby set the stage for the conference’s final “Declaration of Religious Leaders, Political Leaders, Business Leaders, Scientists and Development Practitioners.” The declaration included the nonsensical ‘King Canute clause’ about keeping global warming below two degrees C, as if we had a global thermostat. It totally ignored the dire energy needs of the world’s poorest people and said little about adaptation. We therefore need to help the world’s poor to the degree we can afford and stop pretending we have a crystal ball to future climate states.

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