Skip to main content
Apr 30, 2002

Learning to fly

Perpetual inability of airlines to take off in the stock market

Ever since the first commercial airline started in Germany in 1910, airlines have been struggling to stay out of the red. From the end of World War II to 1994, the sum of the industry's profits and losses was less than zero. From 1995 to 1999, the industry's best years ever, airlines earned only three and half cents for every dollar of sales, according to New York Times magazine. By nature, airlines are a cutthroat, highly regulated, manically cyclical business with labor relations and deregulation

You need to register to access 3 free deep dive articles per month. To continue reading please register or login below..

  • Unlimited deep dives
  • Data-driven research around key topics
  • Buy-side insights
  • Benchmarking reports
From $1495
Clicky