What took so long?

Have you ever heard the question: "What two industries have been around for decades but never made a profit?" The answer is the Airline industry and Bio-Tech. The airlines are notoriously poorly run, and that is shown in the fact that it took a meeting of nearly 700 execs to finally decide to kill paper tickets and other expensive outdated technology to save the industry roughly $3 Billion a year. Now if the industry could finally figure out how to hedge against the price of oil maybe they could get into the black.