Airlines

I have never understood why people buy stock in airlines.  Every airline seems to go bankrupt (and wipe out all equity) every 10 years.  But it isn't all the fault of the airlines.  The taxes and fees are extremely onerous.  See below for a flight that I just booked to Salzburg, Austria.

Flight

$911.00

Expedia booking fee	$7.00
Taxes and fees	$709.10

Total:

$1,627.10