This is correct and a big oversight on my part, thanks! I’ll update the post later today.
EDIT: It’s been updated.
Did you update the post? By my read, Mis-Understandings’ comment still disagrees with it, in particular with
The entire business of selling flight tickets is actually a loss leader for the airlines’ real business of selling miles.
But I’m not sure if I’m reading right.
It has been updated now—I didn’t get around to it that afternoon and then forgot until now.
This is correct and a big oversight on my part, thanks! I’ll update the post later today.
EDIT: It’s been updated.
Did you update the post? By my read, Mis-Understandings’ comment still disagrees with it, in particular with
But I’m not sure if I’m reading right.
It has been updated now—I didn’t get around to it that afternoon and then forgot until now.