On 17/09/15 00:44, Bill Claybaugh wrote:
Why assume evil when nature is a sufficient explanation?
Airlines are both commodity businesses--they have no pricing
power--and service businesses--they have inherently high costs--so
they naturally, through competition, fall to no profit pricing.
Space transportation is no different.
Bill
Sent from my Commodore 64
On Sep 16, 2015, at 7:15 PM, Peter Fairbrother
<zenadsl6186@xxxxxxxxx> wrote:
On 16/09/15 23:49, Bill Claybaugh wrote: Sorry, Pierce, but your
point is simply wrong.
Airlines--and space launchers--have no profits because it is an
inherently no profit business.
Why is that? Airlines provide a service which people are willing to
pay a market rate for.
If they make no profit, then the market rate has been manipulated.
How?
Or is it just another urban legend that airlines make no profit?
Why do people continue to finance them?
Sounds like an urban legend to me, but what do I kno?
-- Peter Fairbrother
That has nothing to do with the cost of
the hardware.
When the per flight cost of the hardware drops to near zero--as
is the case in the airline business--the flights will stay prove
to generate no profit.
