American Airlines, the biggest US airline, reported a mere $127 million in profit on $48 billion of revenue in 2023 [1]. That’s after being in the red for the

American Airlines, the biggest US airline, reported a mere $127 million in profit on $48 billion of revenue in 2023 [1]. That’s after being in the red for the past two years and making net profit ranges of 1-5% in the years before that. There’s no “merely obscene” or “absurd” profits in the airline business. It’s probably the toughest industry out there, which is why it gears toward consolidation. As the popular saying goes, the best way to become a millionaire is to become a billionaire first and start an airline. 1 - https://www.statista.com/statistics/250572/net-income-of-us-airways/#:~:text=In%20the%20fiscal%20year%20of,beginning%20of%20the%20coronavirus%20pandemic https://www.statista.com/statistics/250572/net-income-of-us-....