Related: American Airlines
Did you know that American Airlines loses money flying passengers and derives all their profit from selling miles?
This is one of seven controversial beliefs held by frequent flyer Gary, who writes View From The Wing. Evidence seems to suggest he is right; SEC filing seems to show that American Airlines loses money flying and their profit comes from frequent flyer miles!
Whatever you make of Gary’s conclusion, the airlines’ business plan, which involves removing international business class seats and fitting more seats into domestic coach, as well as doing the opposite to Delta and removing seatback televisions, is NOT leading to a particularly profitable flying operation.
I urge you to have a read of his seven controversial beliefs. I am a strong believer in number 1. I travel for 3 out of 12 months of the year, but it is only the fact that I work while I am away which enables me to afford the 3-months away.
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