| ▲ | oceanplexian 4 hours ago | |
It’s not enough to “make a profit”. Southwest has 30B in assets and makes $441M in profit. Like most airlines it’s a miracle of modern economics and should practically be considered a charity or a nonprofit. You would make more in treasuries or corporate bonds. | ||
| ▲ | HWR_14 3 hours ago | parent | next [-] | |
Their last earnings report says about 17B in non-cash assets with about 848M in profit based on those assets (assuming that the quarterly profit x 4 is a reasonable assumption). So where are your numbers from? | ||
| ▲ | rhplus 3 hours ago | parent | prev | next [-] | |
Wow… at 1.5% annual return wouldn’t they be better off just renting those assets (aircraft) to other airlines?! | ||
| ▲ | Finnucane 4 hours ago | parent | prev [-] | |
Corporate bonds won't take you to Disneyland. | ||