š“Most people see aviation from the perspective of a passenger.
They see fares, delays, baggage fees, and cramped seats.
I see the machinery underneath:
ā”ļø fixed costs,
ā”ļø fuel exposure,
ā”ļø route economics,
ā”ļø margin pressure,
ā”ļø utilization, and
ā”ļø operational discipline.
After more than 30 years in aviation, I can tell you this plainly:
A full plane can still lose money. And so can a full calendar, a full client roster, or a fully booked month.