{"id":368,"date":"2012-06-06T23:16:35","date_gmt":"2012-06-07T03:16:35","guid":{"rendered":"http:\/\/gabrielsnyder.com\/notes\/?p=368"},"modified":"2012-06-06T23:16:35","modified_gmt":"2012-06-07T03:16:35","slug":"airlines-have-never-been-a-great-business","status":"publish","type":"post","link":"http:\/\/gabrielsnyder.com\/notes\/2012\/06\/06\/airlines-have-never-been-a-great-business\/","title":{"rendered":"Airlines have never been a great business"},"content":{"rendered":"<p>Domestic airlines in the United States are failing financially. Fine. Sure. We knew that. But here&#8217;s the kicker: <a href=\"http:\/\/www.slate.com\/blogs\/moneybox\/2012\/06\/04\/passenger_aviation_in_the_united_states_40_years_of_failure.html\">They&#8217;ve been financially failing for 40 years<\/a>, almost the entire time they&#8217;ve been popular. And that? Is fascinating. Back at the turn of the 20th century, a lot of the first electric utilities and long-distance railroad companies went bankrupt, because people couldn&#8217;t figure out how to make a profit in an industry with huge, fixed overhead costs. This is some evidence that the kinks haven&#8217;t totally been worked out on that, even today. <em>(Via <a href=\"https:\/\/twitter.com\/#!\/mattyglesias\">Matt Yglesias<\/a>)<\/em><br style=\"clear:both\"><br style=\"clear:both\"><a href=\"http:\/\/ads.pheedo.com\/click.phdo?s=9256fef8fe3ec2fd55a9436518b29a00&amp;p=1\"><img decoding=\"async\" alt=\"\" style=\"border:0\" border=\"0\" src=\"http:\/\/ads.pheedo.com\/img.phdo?s=9256fef8fe3ec2fd55a9436518b29a00&amp;p=1\"><\/a><br \/>\n<img loading=\"lazy\" decoding=\"async\" alt=\"\" height=\"0\" width=\"0\" border=\"0\" src=\"http:\/\/tags.bluekai.com\/site\/5148\"><img loading=\"lazy\" decoding=\"async\" alt=\"\" height=\"0\" width=\"0\" border=\"0\" src=\"http:\/\/insight.adsrvr.org\/track\/evnt\/?ct=0:dupdmqp&amp;adv=wouzn4v&amp;fmt=3\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/boingboing\/iBag\/~4\/BZuMsF9XdyM\" height=\"1\" width=\"1\"><\/p>\n<p>via Boing Boing <a href=\"http:\/\/boingboing.net\/2012\/06\/06\/airlines-have-never-been-a-gre.html?utm_source=feedburner&#038;utm_medium=feed&#038;utm_campaign=Feed%3A+boingboing%2FiBag+%28Boing+Boing%29\">http:\/\/boingboing.net\/2012\/06\/06\/airlines-have-never-been-a-gre.html?utm_source=feedburner&#038;utm_medium=feed&#038;utm_campaign=Feed%3A+boingboing%2FiBag+%28Boing+Boing%29<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Domestic airlines in the United States are failing financially. Fine. Sure. We knew that. But here&#8217;s the kicker: They&#8217;ve been financially failing for 40 years, almost the entire time they&#8217;ve been popular. And that? Is fascinating. Back at the turn of the 20th century, a lot of the first electric utilities and long-distance railroad companies &hellip; <\/p>\n<p class=\"link-more\"><a href=\"http:\/\/gabrielsnyder.com\/notes\/2012\/06\/06\/airlines-have-never-been-a-great-business\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Airlines have never been a great business&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7],"tags":[126,6,134],"class_list":["post-368","post","type-post","status-publish","format-standard","hentry","category-google-reader","tag-boing-boing","tag-ifttt","tag-maggie-koerth-baker"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p2skW4-5W","jetpack_likes_enabled":true,"_links":{"self":[{"href":"http:\/\/gabrielsnyder.com\/notes\/wp-json\/wp\/v2\/posts\/368","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/gabrielsnyder.com\/notes\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/gabrielsnyder.com\/notes\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/gabrielsnyder.com\/notes\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/gabrielsnyder.com\/notes\/wp-json\/wp\/v2\/comments?post=368"}],"version-history":[{"count":0,"href":"http:\/\/gabrielsnyder.com\/notes\/wp-json\/wp\/v2\/posts\/368\/revisions"}],"wp:attachment":[{"href":"http:\/\/gabrielsnyder.com\/notes\/wp-json\/wp\/v2\/media?parent=368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/gabrielsnyder.com\/notes\/wp-json\/wp\/v2\/categories?post=368"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/gabrielsnyder.com\/notes\/wp-json\/wp\/v2\/tags?post=368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}