4 ms·
You’re using one data point, 2019, a pretty damn good year for the U.S. economy. I encourage you to look at the last 20 some years of U.S. airlines profits (emp
by not_exactly__ 7y ago
You’re using one data point, 2019, a pretty damn good year for the U.S. economy. I encourage you to look at the last 20 some years of U.S. airlines profits (emphasis on U.S. since those aren’t subsidized as much as national carriers like Emirates, Singapore, AirFrance...etc). Average profit margin is around 0.5% despite creating a ton of value for the US economy.