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ONLY a few years ago Air France was bankrupt, Germany's Lufthansa was going nowhere and British Airways BAA) vied with Singapore Airlines for the title of the world's most profitable airline.
Both, surely, would prefer to work for a profitable airline than for a nonexistent one.
"Our costs are half of theirs, and we are the most profitable airline," he says.
Laurance Rockefeller '32 – Philanthropist, venture capitalist, and financier; invested in Eastern Airlines, which became the most profitable airline after WWII.
But critics often forget the successes: Continental, which went bust twice, has emerged a strong and profitable airline.
The main remaining subsidiary that could be sold is Gate Gourmet, a very profitable airline catering service.
Similar(24)
Mr Crandall, fed up with poor profitability and truculent pilots, contemplated at one time selling all of American's aircraft and concentrating on its more profitable airline-reservations business, known as Sabre.
But even some profitable airlines are showing mixed numbers.
But marginally profitable airlines also find it easier to stay in business and provide competition.
Elite frequent flyers tend to be business travellers, and most profitable airlines would not be profitable without them.
The inspiration is profitable airlines like Southwest and JetBlue, and the goal is survival.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com