The Business Model of Airlines

Five point three per cent of flights taking off from the united states have been cancelled this year, according to current data. The vast majority of airlines globally are still heavily relying on government support for one type or another. This is a very labour intensive industry, but by comparison with many other sectors, it's not easy to gain efficiencies. One of the ways they do that is to pack more and more people into their aerplanes so those seats don't fill up as quickly. And once they did that, you know, the ning, surviving operators, the american air lines, have actually been able to stabilize, at least until now.