The same thing can be said for semiconductors. Both industries are
profitless but are major contributors to the economy. Both suffer from the
same problem. They are high fixed-cost businesses and pricing tends to be
driven to variable cost.

Mike
MU-2


"Everett M. Greene" wrote in message
...
"Tarver Engineering" writes:
"Chip Jones" wrote
"Tarver Engineering" wrote
[snip]
Costs will be lowered by reducing ATC induced delays and
cancellations.
LOL, sure it will. I'm sure all of those nice airline CEO's will be
saying "After you sir", "No, after YOU sir", "No, let's let that nice
Learjet make his approach first..."

Airlines are where the money is and you know what is driving the change,
as
well as I do.

Someone did a study and found that subtracting all the investments
from the net profits of all the airlines in the entire history
of the industry, the result is negative. So, what is the objective
of the industry?