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> flying people places doesn't make enough money Does it not make enough money for viability, or does it not make enough money for sociopath types in C-suites?
by xattt 6mo ago
> flying people places doesn't make enough money
Does it not make enough money for viability, or does it not make enough money for sociopath types in C-suites?
If it’s the latter, there will never be enough money for them and will keep pushing increasingly absurd customer-milking initiatives.
- jjmarr 6mo agoThere's not a single major US airline that is profitable on charging passengers for tickets and flying them to destinations. United is the closest, with only a 0.04¢ loss on every seat mile.[1] the other airlines lose 1-2¢/mile. The jets are a loss leader for credit cards. https://finance.yahoo.com/news/big-airlines-lost-money-flying-193432789.html https://finance.yahoo.com/news/big-airlines-lost-money-flyin... [1] There's two metrics airlines report: Cost per Available Seat Mile and Passenger Revenue per Available Seat Mile. This is the cost/revenue for flying a seat, which may or may not be occupied by a person, to a destination. If the seat is empty it gets $0 in revenue but still costs money. You can calculate the profit made from selling tickets per seat mile by PRASM - CASM.
- xattt 6mo agoThank you for the clarification. It’s hard to not be cynical as a passenger with no experience in this environment.