Because the airlines are making so much money? What's this: The group said that it expects profits to plummet 78% to $4 billion this year, compared to last year's net profit of $18 billion. This makes for a measly margin of 0.7% in 2011.
http://money.cnn.com/2011/06/06/news/companies/airline_industry/index.htm . On Tue, Jul 26, 2011 at 12:42 PM, Vivec <[email protected]> wrote: > > WHAT!! > > I thought without all the Regulations and all that Businesses > would be able to pass stuff onto their customers, Employees, hire more etc. > > Not just keep things the way they are and make more profit! > On 26 July 2011 11:00, Casey Dougall <[email protected]> wrote: >> >> But did airlines simply pass on this savings to customers? >> >> No, they did not. >> >> Last week, evidently in anticipation of the taxs expiring, some airlines >> quietly began raising fares on average, roughly by the same amount as the >> federal taxes. Others did the same over the weekend, and most of the rest >> joined in on Monda > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:340987 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
