Pundit

Airlines Will Profit No Matter What

This article is flat wrong on many points. Airlines have not been profitable, if viewed in the aggregate over the course of commercial aviation history.

There is no evidence that "...many a company is scrambling to sell its Gulfstream jet." Quite the contrary, orders for so-called "general aviation" jet aircraft are at historic highs and order backlogs are long. The execrable state of the U.S. airlines are a primary reason for this, and that is why private aircraft operators are willing to suffer the high price of fuel.