Originally Posted by
AYLflyer
Well the economy is pretty important for a business, isn't it?
GDP output in 2019 was $21.5T.
Jetblue revenue was $8B in 2019 and it was profitable.
GDP output in 2024 was $29.2T.
Jetblue revenue was $9.3B in 2024.
Jetblue has 14% more nominal revenue in 2024 compared to 2019, but adjusted for inflation its 6.7% less real revenue. Jetblue also has 27 more planes than it had in 2019.
US airlines that were profitable in 2019 (pretty much all of them) don't lack profit because of not enough economic opportunity today.