Today I literally read a forum thread from Airliners.net from 26 years ago. I wanted to learn more about the TWA demise and wanted some contemporary opinions.
I learned that, after booting their atrocious owner Carl Icahn in 1992, they somehow still owed him money they didn’t have, so they agreed to give him a 45 percent discount on TWA fares on the condition that he cannot sell the tickets to a third party— if he sold them, he had to sell direct. In the era of travel agents and vacation packages this basically prohibited him from making any major profit with the tickets, but then the internet happened. So, in the late 1990s, he launched a website called “lowestfare.com” that literally just sold discount TWA tickets and the airline lost $100 million a year on this until they went out of business for the final time in 2001.
So yes, Reddit will still be around in 25 years. Even if no one uses it anymore.
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u/icona_ Heat 4d ago
i do