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SyneRyder
3338 days ago
Someone on Twitter posted an excerpt about profit margins from the Southwest Airlines CEO's book. Looks like it was about 7.5%. Or as the book puts it, the lost of just one customer per flight reduces their profit on that flight by 20%:
https://twitter.com/morganhousel/status/856493737308037121
2 comments
elcapitan
3338 days ago
If you want to look up margins by industry, Aswath Damodaran's valuation resources are a good start:
http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/...
link
kalleboo
3338 days ago
And people wonder why airlines overbook...
link