The true cost of flying (for airlines) - article/video

[Altair]

I thought this might be interesting to us.
It is about the small margins that airlines have regarding the low fare ticket brackets.

....Sir Richard Branson once said, "if you want to be a millionaire, start with a billion dollars and launch a new airline.'
He's far from the first business-savy person to have that experience though - Donald Trump lost more than US$100 million ($147 million) of his personal wealth on the failed Trump Shuttle venture.
Now, a new video has broken down what it calls the true cost of a flight using the journey from John F Kennedy Airport in New York to Washington Dulles Airport in Virginia - and it shows just how small the profit margins can be for airlines. It turns out they barely make US$10 ($14.73) on an US$80 ($117.84) fare.
The estimates were calculated by Wendover Productions using numbers provided by official sources such as the Transportation Security Administration (TSA), Airbus and Delta.
....

Full article and link to video on NZHerald.co.nz

 

[juddles]

Anyone who thinks that airlines "gouge" or make huge profits are truly delusional. I cannot think of any other industry/service where the competition is stronger. It has got so bad that pax would now complain if they were flown for free and didn't get a 3 Michelin star meal......