Why Can't We Make Money in Aviation?

摘要

As the title suggests, the author sets out to explore the enigma that has puzzled analysts and politicians for several decades. Using historical data, he shows the lamentable profitability of the US airline industry over the last 40 years, despite continuous and steady growth in demand for its services.rnEven in the few good years, the returns were not exceptional. With proper cost control and the correct pricing strategies, the industry should have made decent returns. This begs the question as to why it did not.