Originally Posted by
scambo1
Hey SLOW, If airlines have lost more money than they've made, a term related to (if I recall correctly) the 3rd law of thermodynamics - Entropy. Why are they still in business?
Most of them aren't. Look around. What's left is the cobbled together remains of a bunch of national, major and flag airlines. The rest of the value chain feed off the carcass.
Oh, and thanks for the accounting tip SCAMbo (capitalization is fun, no?
). You might want to write a "Touch and Go" for your co-workers explaining those terms...