Airline Industry Takes A Nose Dive
Posted on June 12th, 2008 | by Andrew Murphy |If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
Fuel Prices are hitting the economy hard. As I am a writing this I am on a plane and my wife and I and my youngest daughter are heading to visit family back east. A strange thing is happening and it can only be caused by the high fuel prices. The plane we are on is about1/3 full which would normally be full. Even the flight attendant admits that she has not seen this before). I am certainly not complaining about being able to stretch out in a whole row to myself and my family is in the vicinity so we are not bumping arms and having to shuffle by eachother to go to the washroom. This is kinda like having our own private plane!
Regardless of all the space and and comfortable flight what is going to happen to the airline industry? There are serious problems and it’s getting worse. If the price of flying will continue to rise (and it will) and planes are not filling up we are going to see more airlines take a nose dive into the ground.
This is just my perspective.
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