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A market of razor thin margins? I think not. US airlines are swimming in cash 2017: * American Airlines profit: 7.6 Billion USD * United profit: 7.1 Billion
by kevin_b_er 8y ago
A market of razor thin margins? I think not.
US airlines are swimming in cash
2017:
* American Airlines profit: 7.6 Billion USD
* United profit: 7.1 Billion USD
* Delta Airlines profit: 4.7 Billion USD
* Southwest: 2.2 Billion USD
- Robelius 8y agoLooking at AA 2017 earnings Total operating revenues: 42.2B Net income: 1.90B For a profit of 4.5%. Where are you getting your numbers from? https://americanairlines.gcs-web.com/static-files/17cae9f4-55b0-4a05-a2dc-33fcc0a01985 https://americanairlines.gcs-web.com/static-files/17cae9f4-5...
- kevin_b_er 8y agohttps://en.wikipedia.org/wiki/World%27s_largest_airlines#By_airline_companies_revenue https://en.wikipedia.org/wiki/World%27s_largest_airlines#By_...
- toast0 8y agoIn my defense, I left the industry in 2011, back when American lost $2B, and half of the major airlines were in bankruptcy proceedings. It looks like they found some margin in the past few years.