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Joined: Sun Dec 21, 2003 2:50 am

Golden Age Of The Airline Industry

Thu Mar 11, 2004 7:06 am

It seems that the airline industry (overall) has always been a money pit. Airline stocks never seem to really move (and if they do it is usually down) so I was wondering when was the "golden age" of the airline industry? Was there ever a time that most airlines were making money if so, when?
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Posts: 5131
Joined: Sun Feb 22, 2004 1:04 am

RE: Golden Age Of The Airline Industry

Thu Mar 11, 2004 7:09 am

I am not sure but I think after the 1970s oil crisis, most airlines boomed and became successful after the period of 'depression'.
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