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pcurveyesterday at 9:40 PM3 repliesview on HN

Yup. You can actually buy several European airlines with that kind of money.

For example, you can buy KLM Air france for less than $3B.

It is a profitable business that does $30B in sales and $1B in profit. (and has been profitable since for the past 4-5 years)


Replies

nikcubyesterday at 11:48 PM

Airlines are down there amongst cinema chains and video game retail stores in terms of being terrible businesses

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haydyesterday at 9:56 PM

"$30B in sales and $1B in profit."

This margin seems terrible.

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