Re:Alaska Airlines to Buy Virgin America for $2.6B
by oh_sigh on Monday April 04, 2016 @02:18PM
(#11424053)
Why do investors ever park their money in airlines?
[ Parent
| on HN ]
Re:Alaska Airlines to Buy Virgin America for $2.6B
by trsohmers on Monday April 04, 2016 @02:57PM
(#11424404)
"If you want to be a Millionaire, start with a billion dollars and launch a new airline." --Richard Branson (on starting Virgin Atlantic)
Re:Alaska Airlines to Buy Virgin America for $2.6B
by maxwell on Monday April 04, 2016 @04:21PM
(#11425220)
"Here a durable competitive advantage has proven elusive ever since the days of the Wright Brothers. Indeed, if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down." – Warren Buffet, who invested in US Airways in the early '90s, on airlines in 2008
Re:Alaska Airlines to Buy Virgin America for $2.6B
by mozumder on Monday April 04, 2016 @02:51PM
(#11424348)
It's a really profitable industry these days. Low oil prices reduce costs. Plus, ticket prices haven't gone down because routes are consolidated to reduce competition between airlines.
Re:Alaska Airlines to Buy Virgin America for $2.6B
by vermontdevil on Monday April 04, 2016 @03:42PM
(#11424825)
"Want to be a millionaire? Start with a billion dollars and start an airline"
~ Richard Branson
Edit: Didn't see the same quote below!