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Just off the top of my head, one plane on a transatlantic route could be $250k+ in revenue right? So 12 flights a day would be $1Bn? A major route could have t
by version_five 5y ago
Just off the top of my head, one plane on a transatlantic route could be $250k+ in revenue right?
So 12 flights a day would be $1Bn? A major route could have that kind of frequency. A billions dollars doesn't seem absurd.
- loeg 5y agoGGP said profit, not revenue. GP is likely correct that profit would be an order of magnitude smaller.
- version_five 5y agoYeah I saw that after I posted (I misread it as revenue because that is what makes sense), I assume that's (revenue is) what the GP meant, and am realizing now that maybe the 1-2 orders magnitude comment was about the disparity between revenue and profit. The airline business is notoriously unprofitable, so yeah, the amount of revenue required to make a billion dollars profit would be something absurd, possibly more than the entire industry on many years
- deleted 5y ago[deleted]