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> That American made $24 billion last year without passing on anything to consumers shows that that is wrong. Pricing websites are under full control of the air
by strange_quark 11y ago
> That American made $24 billion last year without passing on anything to consumers shows that that is wrong. Pricing websites are under full control of the airlines at this point.
You misread the article. That actual quote:
> The profit bit of the picture, though, has changed a lot. Last year America’s airlines made $24 billion—more than Alphabet, the parent company of Google.
Which is a ridiculous comparison. They're seriously comparing an entire industry to one company? If anything, the complaint should be that Alphabet makes too much money.
- sreya 11y agoYeah I thought that comparison was a little suspect
- zymhan 11y agoI totally read that the first time as "American Airlines", thinking it was a single airline that made more than Alphabet. What the hell does it mean to compare an industry to a company in another field?
- justinlardinois 11y agoYeah that doesn't really make any sense. Comparisons to unrelated things can be helpful just to get a sense of how much money that is, but it doesn't do that in this case.