Old 27th Jul 2014, 11:43
  #29 (permalink)  
chimbu warrior
 
Join Date: Jun 2001
Location: Paradise
Age: 60
Posts: 1,295
I find it very interesting that the US is still described as struggling economically, however over the past month United, Delta, Alaskan, American and Southwest have all announced substantial profits (the first such results for many years in most cases).

Meanwhile in Australia, where we are apparently riding the crest of the wave of a mining and construction boom (??), all of our airlines seem to be struggling.

Could it be -
  • over-capacity?
  • over-regulation?
  • or just "over"?
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