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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Investment Strategies / Falling Knives
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Author: Said ✧  😊 😞
Number: of 1198 
Subject: Re: VW & American & United
Date: 12/21/22 10:19 PM
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Fittingly I just read this Economist article which is blowing in the same horn:

economist.com - Airlines are closing in on their pre covid heights

One more thing: Ticket prices are at least for long-distance flights much higher than before the Pandemic - but people are craving to get out again so they are willing to pay them. For one-way Germany-New Zealand in summer the cheapest I could get was '1,900 - more than what I paid 3 and 4 years ago for return flights. For 2 return flights Hawaii-Crete in business friends paid $19,000 - at least double of what they usually paid. It's not only about comparing capacity now and before pandemic as this completely changes how much money Airlines make per seat sold.
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