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Someone on Twitter posted an excerpt about profit margins from the Southwest Airlines CEO's book. Looks like it was about 7.5%. Or as the book puts it, the lo
by SyneRyder 10y ago
Someone on Twitter posted an excerpt about profit margins from the Southwest Airlines CEO's book. Looks like it was about 7.5%. Or as the book puts it, the lost of just one customer per flight reduces their profit on that flight by 20%:
https://twitter.com/morganhousel/status/856493737308037121 https://twitter.com/morganhousel/status/856493737308037121
- kalleboo 10y agoAnd people wonder why airlines overbook...
- elcapitan 10y agoIf you want to look up margins by industry, Aswath Damodaran's valuation resources are a good start: http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/margin.html http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/...