points by wswx 4 days ago | 0 comments
correct.
Commercial airlines are of great value to our lives. Who's questioning or denying that?
Horrible business to be in though.
[–] tonyhart7 4 days ago
[–] kingleopold 4 days ago
they are not horrible business, some of them literally get invested by governments and get extra debt from them too so they can never go bankrupt? if they are at national level airlines, they survive no matter what.
that is not bad business? that is just private profits, socialize loses perfect business?
[–] eeedda 4 days ago
A good business is measured by the returns it generates.
They do not generate economic profits.
[–] Danox 3 days ago
And isn't profitable without government subsidy around the world.
the money is infrastructure (hardwares, electrics, data etc)