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Airlines in America are traditionally extremely capital intensive, and the customers are very price sensitive. (e.g. "If you want to be a Millionaire, start wi
by bumper_crop 5y ago
Airlines in America are traditionally extremely capital intensive, and the customers are very price sensitive. (e.g. "If you want to be a Millionaire, start with a billion dollars and launch a new airline.") The low salary and unfavorable hours pilots face really originate at the customer level, with most people being unwilling to pay higher ticket prices. It's easy to blame airlines here, but that's a mental shortcut that doesn't represent the truth.
- bumblebritches5 5y ago
- tmp_anon_22 5y agoWould Airlines be so capital intensive if not for the security theatre of the TSA and all its related expenses?
- seanmcdirmid 5y agoYes. TSA security theater is all paid for with a specific line item on your ticket. It is not that expensive: > The fee is currently $5.60 per one-way trip in air transportation that originates at an airport in the U.S., except that the fee imposed per round trip shall not exceed $11.20 The rest is covered by tax payers, not airliners specifically. https://www.tsa.gov/news/press/testimony/2020/03/03/examining-presidents-fy-2021-budget-request-transportation-security https://www.tsa.gov/news/press/testimony/2020/03/03/examinin...
- ceeplusplus 5y agoYes. During COVID multiple airlines either almost went bankrupt or suffered huge losses because most of the cost of flying is depreciation of the airplanes themselves. That's why even though the US govt paid for airline employees' wages and fuel costs were 0 because no one was flying during COVID, airlines still suffered big losses.