[OC] Flying home for the holidays? Take a look at the income statement breakdown of American Airlines to see where the money goesObvious_Chapter2082 t1_j0zqwdt wrote
Reply to comment by eva01beast in [OC] Flying home for the holidays? Take a look at the income statement breakdown of American Airlines to see where the money goes by giteam
Most of them do operate on small margins, it’s why they’re one of the first industries bailed out during recessions. But they also have a lot of fixed assets, so they report a lot of non-cash expenses through depreciation
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