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by echelon 187 days ago
I love how everyone is dunking on airlines (it's easy - I do too!), yet airlines are one of the least profitable business sectors to be in.

It's like dunking on QSR, but worse. These things are practically on welfare.

Everything is fungible, high risk, extremely expensive, extremely regulated. The margins are almost nil. They all fly the same planes. You can compete on "experience", and that's basically it.

Their dingy little ads, baggage fees, and wifi upsells are the the best they can muster. That's the entire farm, and they're scraping by as best they can. This is every single airline.

What a awful, utterly unrewarding business to be in.

We in tech are unbelievably privileged.

2 comments

As Branson used to say, the best way to become a millionaire is to be a billionaire and start an airline.
So what. We don't force anyone to start an airline.