Airlines and the loyalty credit (house of) cards

[Timothy Bucktu]

I often wondered why the smaller airlines struggle, while the big boys can still undercut them...
https://youtu.be/29o-QsZAhAQ?si=p3HBuupLK-OsAP7j
Credit cards (spiralling US debt) are keeping them in the green.

I'm sure this isn't unique to the airline industry. When this all comes tumbling down...oh boy!!