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by techdragon 2443 days ago
I haven’t had time to watch the documentary yet, but my first thought about a $5 price tag is that it can’t possibly be accounting for inflation.

$5 in 1977 is about $21.15 give or take a few cents according to most of the website i checked the numbers on.

So while it might be $5, that was definitely not as cheap as it might otherwise seem.

Regardless of the inflation adjustments, ~$20 is surprisingly inexpensive for a commuter helicopter ride, I wonder if the economies of scale really do bring it down or if they were still eating their losses trying to grow business at that price.

2 comments

Thanks for doing the math. $20 is still so cheap as to warrent a "Wow, that is incredibly cheap" IMHO.

Taxi flat rate from Manhatten to JFK is over $50. How the price for a helicopter ride could be on the same order of magnitude as a taxi is beyond me.

The flat rate has only been in effect for several years. I would assume it would be a lot more expensive to take a taxi from midtown directly to JFK before the flat rate.
> So while it might be $5, that was definitely not as cheap as it might otherwise seem.

An uber to JFK from Manhatten is ~$100 - that's still dirt cheap!