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wmidwestranger | 1 year ago

Just a few percent profit on 100+ Billion gross, how can they make it work?

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Tempat|1 year ago

Less planes and more expensive tickets?

wmidwestranger|1 year ago

Sorry, should have flagged as sarcasm. American Airlines yearly reporting said they had ~52 billion gross for 2023 and that is just one airline. At a 2% profit, that is 1 billion (or 1,000 million) in profit for the year, just for them. Not sure what the gross revenue for the entire industry is.