RE: The Airline Bailout and the Future of Airline Companies- (What you should do before investing in airline shares)
In case you do not know, for an airline to make profit, it needs to carry at least 73% of its total seat because either a plane is full or empty, paying for a tank of gas, surcharges, Tax and VATs, Pilot, air attendant and many more.
Wow! I actually never knew this though but I've always thought most airlines are always full with lot of passengers before it can move just like what happens when it comes to car transportation but I actually don't know if the same principle applies to airline too.
If I even want to invest in such cause, I'll prefer investing in more popular and widely used airlines to avoid loosing my investments 😊.
Thanks for sharing this great post with love from @hardaeborla and I hope you have a great day ahead
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