Originally Posted by
FWAAA
I agree, and IMO, $400 isn't all that bad.
Last year, I looked at the AA annual report from 1981 and saw that AA's yield was about 12 cents per revenue passenger mile. According to the government's inflation calculator, to keep pace with 1981, AA's yield would have to be 30 cents per revenue mile in 2011. But what was AA's yield in 2011? Just 15 cents per revenue mile. Average fares had climbed by 25% in those 30 years to just half of what they should have been if they'd risen by the general inflation rate.
Since we're on airline economics, here are AA's CASMs for narrowbodies for the year ending Sept. 2012:
MD-80 - 9.3
738 - 7.4
752 - 8.1
This includes crew, aircraft cost, fuel, maintenance, etc.