majors combined loss : 11.39B

[310]

see article in

www.atwonline.com

How many tickets were sold- so how much lost per ticket?

 

[CFI'er]

Be careful of statistics and how they are reported. You can have a loss and still survive. If you compare one year to another, you can show a loss or increase. Here is how it works: If you made $20K two years ago and only made $15K the next year, you would report a loss of $5K. The airlines are reporting a loss as per my example.

 

[banned username 2]

Be careful of statistics and how they are reported. You can have a loss and still survive. If you compare one year to another, you can show a loss or increase. Here is how it works: If you made $20K two years ago and only made $15K the next year, you would report a loss of $5K. The airlines are reporting a loss as per my example.

What are you talking about????

I think you need to go back to Econ 101...

A profit or loss is based on your revenue minus your operating costs.... If you only take in $15k revenue and your costs are $20 THEN you have a $5k loss...

What you are talking about is a decline in revenue/profit which is TOTALLY different...

 

[chperplt]

What you are talking about is a decline in revenue/profit which is TOTALLY different...

It may be totally different, but the airlines did not lose a combined 11.39B. Add up all profits and subtract all actual costs and you will not come to that number.

Fancy record keeping and extravagant depreciations make up that number.

Do you actually think any company could lose the money the airlines are saying they are losing on a daily basis and keep the doors open?