# Airline news in the past week

**URL:** <https://discussion.fool.com/t/airline-news-in-the-past-week/109764>\
**Category:** Macro Economic Trends and Risks\
**Created:** [October 29, 2024, 12:41am UTC](https://discussion.fool.com/t/airline-news-in-the-past-week/109764 "2024-10-29T00:41:16Z")\
**Posts on this page:** 4\
**Page:** 1

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**Author:** ![PucksFool](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/pucksfool/32/47955_2.png) [@PucksFool](https://discussion.fool.com/u/PucksFool)\
**Post date:** [October 29, 2024, 12:41am UTC](https://discussion.fool.com/t/airline-news-in-the-past-week/109764/1 "2024-10-29T00:41:16Z")

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> **[US fines American Airlines $50 million over mishandling of disabled...](https://apnews.com/article/american-airlines-fined-disabilities-wheelchairs-ee35b40ac14eb8c79bd0ddea31a1053c)**
>
> The U.S. government is fining American Airlines $50 million for failing to provide wheelchair assistance to passengers with disabilities and damaging thousands of wheelchairs over a five-year period.

> **[US airlines are required to refund you for a canceled flight automatically |...](https://www.cnn.com/2024/10/28/business/us-airlines-are-required-to-refund-you-for-a-canceled-flight-automatically/index.html)**
>
> Airlines in the United States are now required to give passengers cash refunds if their flight is significantly delayed or canceled, even if that person does not explicitly ask for a refund.

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**Author:** ![dividends20](https://g.foolcdn.com/misc-assets/discourse-member-avatar_120px_gold700.png) [@dividends20](https://discussion.fool.com/u/dividends20)\
**Post date:** [October 29, 2024, 12:52am UTC](https://discussion.fool.com/t/airline-news-in-the-past-week/109764/2 "2024-10-29T00:52:07Z")

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> [@PucksFool](#):
>
> [American Airlines fined $50 million over mishandling of disabled passengers and wheelchairs | AP News](https://apnews.com/article/american-airlines-fined-disabilities-wheelchairs-ee35b40ac14eb8c79bd0ddea31a1053c)

Airlines is a very bad business.

Unions, Strikes, Price wars and Customer service issues and Government regulations. Then there are uncontrollable factors: Terrorism, Hurricanes, Pandemics.

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**Author:** ![DrBob2](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/drbob2/32/3456_2.png) [@DrBob2](https://discussion.fool.com/u/DrBob2)\
**Post date:** [October 29, 2024, 9:55am UTC](https://discussion.fool.com/t/airline-news-in-the-past-week/109764/3 "2024-10-29T09:55:46Z")

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> [@dividends20](#):
>
> Airlines is a very bad business.

> **[Five lessons from when I tripled my money on JetBlue Airways | Articles |...](https://stansberryresearch.com/articles/five-lessons-from-when-i-tripled-my-money-on-jetblue-airways)**
>
> I'll never forget one airline CEO's wise words of warning... Back in 2003, I interviewed Jonathan Ornstein – the CEO of Mesa Air (MESA) – and I still remember what he told me: "You can't own airline stocks. You can only rent them." I've generally...

I feel the same way about restaurant stocks.

DB2

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**Author:** ![captainccs](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/captainccs/32/3775_2.png) [@captainccs](https://discussion.fool.com/u/captainccs)\
**Post date:** [October 29, 2024, 10:52am UTC](https://discussion.fool.com/t/airline-news-in-the-past-week/109764/4 "2024-10-29T10:52:39Z")

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> [@dividends20](#):
>
> Airlines is a very bad business.

Yes, but…

Between 2004 and 2010 I had an IRR of 35% on Ryanair (RYAAY) and it was not Ryanair’s best decade.

 ![big.chart](https://us1.discourse-cdn.com/motleyfoolfree/original/3X/8/7/877701a5c8cb6b63f474fe34a3a3f65634b74df9.gif)

There is always some gold in the trashcan.

The Captain