Profits are too high. America needs a giant dose of competition

Re:Profits are too high. America needs a giant dose of compe... by pbhjpbhj on Tuesday March 29, 2016 @07:27AM (#11380709)

In which years did American Airlines last lose $24billion (or its equivalent accounting for inflation). Or do they have long streaks of smaller losses?

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Re:Profits are too high. America needs a giant dose of compe... by jneal on Tuesday March 29, 2016 @08:00AM (#11380828)

There is a small miscommunication here. It's America's airlines (the entire industry) not American Airlines (the company).

This article from November last year has more details: http://priceonomics.com/can-airlines-make-money/

> Overall, the industry has lost $35 billion since deregulation.

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Re:Profits are too high. America needs a giant dose of compe... by noer on Tuesday March 29, 2016 @09:22AM (#11381225)

So in the last year alone, they made back 2/3rd of what they lost in the last 30 years?

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Re:Profits are too high. America needs a giant dose of compe... by msellout on Tuesday March 29, 2016 @02:39PM (#11383779)

Nominal dollars gets tough to think about. You should probably normalize to 2015 dollars and recalculate.

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