Why Budget Airlines are Suddenly Failing

Transcript

Something strange is happening in the skies.  Eight years ago, American low-cost carriers were just printing money. Southwest, for example,  pocketed 20 cents of every dollar they brought in in operating profit. JetBlue, also 20, while  Spirit 24, and Allegiant a colossal 30. These are monumental profit margins for any industry,  but especially for... Read More