Bobson_P_Dugnutt
Bobson_P_Dugnutt t1_j10kgx1 wrote
Reply to [OC] Flying home for the holidays? Take a look at the income statement breakdown of American Airlines to see where the money goes by giteam
What this graph doesn't make explicit is that AA, like other American airlines, is only profitable because of its airmiles program: https://viewfromthewing.com/american-airlines-loses-money-flying-passengers-all-profit-comes-from-selling-miles/
Bobson_P_Dugnutt t1_j10mexu wrote
Reply to comment by Tiabaja in [OC] Flying home for the holidays? Take a look at the income statement breakdown of American Airlines to see where the money goes by giteam
Air miles are a big one https://viewfromthewing.com/american-airlines-loses-money-flying-passengers-all-profit-comes-from-selling-miles/