2 ms·
Airlines aren't exactly known for fabulous margins. I get your point, and I never feel bad for a corporation, but I think airlines are probably one of the few s
by mardifoufs 5y ago
Airlines aren't exactly known for fabulous margins. I get your point, and I never feel bad for a corporation, but I think airlines are probably one of the few sectors with a hypercompetitive market, tons of options, and pretty low margins. they have basically 0 monopoly, so they compete very harshly on prices and services. Also, I'm not sure who the insanely rich backers would be considering airlines usually aren't exactly family empires and have pretty mediocre investment returns