[AR] Re: Rocket Labs
- From: Bill Claybaugh <wclaybaugh2@xxxxxxxxxx>
- To: "arocket@xxxxxxxxxxxxx" <arocket@xxxxxxxxxxxxx>
- Date: Thu, 17 Sep 2015 07:20:39 -0400
Sent from my Commodore 64
On Sep 17, 2015, at 2:36 AM, Uwe Klein <uwe@xxxxxxxxxxxxxxxxxxx> wrote:
Am 16.09.2015 um 23:06 schrieb Bill Claybaugh:
Ken:
In a century, the airline industry has accumulate net profits of zero.
Some airlines actually are profitable.
Even US airlines currently boast profitability.
( due to having shed dept via Chapt. 11 only ?)
uwe
Even a blind squirrel sometimes finds a nut.... Current profits are largely a
result of the collapse of oil prices. Ticket prices are already dropping under
competitive pressure.
This period of profits is easily balanced by the losses of the last eight years.
Bill
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