Malaysia flight 370

[techgnome]

I wouldn't be surprised to find out that the profit margin on a typical ticket is less than 0. It may be that the ENTIRE profit is in the business flyers who buy at the last minute, and the rest is about filling seats at cost, or even at a slight loss.

Probably true... the low margin, high volume model mixed with the usual supply vs. demand model. Somehow it seems to work.

-tg