Airline Industry Economics
The cluster centers on the financial struggles of airlines, including razor-thin margins, chronic unprofitability, pilot shortages, pricing competition, and debates over pay raises, subsidies, and market dynamics.
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Tell that to the airline industry
Airlines, especially post-deregulation, operate on razor thin margins.
IIRC airlines are very unprofitable
Seems like an economics problem. The airplanes are full. The airlines are making lots of money. There aren't enough pilots. Hmm.... Perhaps pay them more?
As opposed to airlines collapsing from having to keep unsustainable prices?
I have one that I bet the airlines didn’t think about: split them init multiple smaller companies and restore competitive market /s
He was sorta abusing it and airlines have tiny margins, so sooner or later they had to put a stop to it.
airlines are in a real struggle. curious how they are going to get out of it.
Airlines are broke yo - I guess you can try.
There isn't remotely what you would consider to be "real competition" in the airlines industry. Only last year American, Southwest and other major airlines agreed to settle a price-fixing lawsuit for tens of millions of dollars. Airlines regularly collude to fix prices.https://www.bloomberg.com/