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I don't think anyone knows for sure, I think everyone is hurting, and most investors would stay far away from giving money to airlines to subsidize passenger tickets. Good luck to those guys and gals.
http://www.transtats.bts.gov/carrier...%20Air%20Lines
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I don t think we went from 64 millions of operating loss in 2006 to 3 millions of operating profit in 2007 by "susidizing" tickets.
Obviously, only a portion of the tickets are sold at promotional fares. Maybe that s why they are called "promotional fares"?