Airplane game
Encyclopedia
The Airplane game was a pyramid scheme
active in the late 1980s in North America
and Europe
. The nomenclature of the various levels of the game involve participatory levels such as 'passenger', 'flight attendant', 'co-pilot' and at the top, 'pilot'. Typically, one would pay up to USD$1500 to enter at the level of passenger, in the hopes of receiving a USD$10,000-plus payout when one 'piloted out' at the top of the scheme.
Pyramid scheme
A pyramid scheme is a non-sustainable business model that involves promising participants payment or services, primarily for enrolling other people into the scheme, rather than supplying any real investment or sale of products or services to the public...
active in the late 1980s in North America
North America
North America is a continent wholly within the Northern Hemisphere and almost wholly within the Western Hemisphere. It is also considered a northern subcontinent of the Americas...
and Europe
Europe
Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...
. The nomenclature of the various levels of the game involve participatory levels such as 'passenger', 'flight attendant', 'co-pilot' and at the top, 'pilot'. Typically, one would pay up to USD$1500 to enter at the level of passenger, in the hopes of receiving a USD$10,000-plus payout when one 'piloted out' at the top of the scheme.