Word: ticketing
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...course, Chinese fans weren't alone in the crowd. The game was the hottest ticket in town; fans from the Philippines, India, Senegal and the Solomon Islands checked in. And there was plenty of red, white and blue sprinkled throughout the arena. As the Chinese team ran onto the court, Brendan Kelly, a 13-year-old from Los Angeles, waved a Chinese flag, yet wore a Team USA shirt. Who was he rooting for? "China," he says. Why? "Because I'm pissed off at the government," he says. "They've lied to us in the past, and spent...
...have to raise fares any higher. Free meals have largely become a relic of flying's more glamorous past; most of the airlines now charge for checked luggage; and many of them have, more quietly, raised the fees they charge for making a change to your nonrefundable ticket. USAirways, which just last Friday became the first airline to start charging for soft drinks, says such fees will bring in $400 million to $500 million a year. "Customers understand the cost of doing business with these fuel prices," says USAirways spokeswoman Michelle Mohr. "They don't expect a free...
...gates to assist flight crews in maintaining a fast 30-minute plane turnaround time, and JetBlue hopes that each gate will turn over 10 flights daily, compared with an average three flights per gate per day for other airlines - that rate, Jet Blue says, should help keep ticket prices relatively...
...Ticket sales for home games, which means that stadium size matters: it is no coincidence that Manchester United, which seats 76,000 at its Old Trafford ground, is the richest of the English clubs - Liverpool's Anfield stadium holds only 45,000, by comparison, which at ticket prices averaging around $80 means that United generates as much as $50 million more than Liverpool in annual ticket sales. High rollers like Real Madrid and A.C. Milan, not surprisingly, play in stadiums that hold upwards of 80,000 fans...
...wage bill at about $3 billion and its total revenues a little over $3.8 billion, with only eight of the Premiership's 20 clubs reporting an operating profit. Revenues have increased, thanks to a new TV deal, but so too have wages. If the global economic slowdown eats into ticket and merchandising sales and the credit crunch suddenly trims the money available even to top clubs, the transfer market may see something of a correction - a development that could make middling leagues more competitive. And heaven help clubs boosted by vanity investment if their benefactors were to suddenly walk away...