economics

Airlines don’t make profits

Over the last forty years, airlines have not been profitable. Despite the massive and ongoing growth in air travel, the whole industry has manged to return an average of about 0.1% on revenue, which is as close to zero as makes no difference. So what happened and what’s going to happen when airlines start getting serious about their carbon emissions?Read More »Airlines don’t make profits

It wasn’t doing what I thought it should. This continued for quite some time. So, gasp shock horror, I asked someone. And richdrich said “they’re… Read More »