> What planet is this guy from? Of course it makes sense to charge high fares for a scarce product in high demand, and low fares for an abundant product in low demand.

Agree. Not to mention spoken by a person who almost certainly has never run a business. And make no mistake 'charging high fares' when you can allows you to lower the price of other seats and fees. Eliminate that excess profit and it will be made up somewhere else in the pricing scheme. No different than concerts or alcohol or premium water in restaurants.