This reminds me that as far as wall street is concerned, it is actually an afterthought that airlines operate airplanes, all the money is in the credit cards.
I think it was the CEO of American Airlines, which owned the Sabre computer reservation system at the time, that if he had to choose between keeping the airline or the CRS, he'd go for the latter. In any event. Sabre was spun out in 2000.
Making and selling TVs is similarly an afterthought for TV manufacturers now that smart TVs have been commodified, the money is in the analytics platforms.