When I am in California, the Los Angeles Times is a critical component of my breakfast each morning. This morning, I was pleasantly surprised to find a fascinating article on American Airlines' fight against alleged abusers of their AAirpass program. The story is well worth reading.
In 1981, American Airlines introduced a pre-paid AAirpass option, including an option for unlimited lifetime travel for $125,000 (about $300,000 in 2012 dollars). That price went up to ...