Guest

Is This The End...?

Wed Sep 19, 2001 3:08 am

Is this the end of the airlines? I have read reports that CO is losing money, as is DL, NW, and AA, and UA. How is JETBLUE Doing. Are they ok. What is going on here. I have been so busy grieving that I have not paid much attention to the airlines, but now it is making news. WHAT IS GOING ON HERE.
 
Boeing757/767
Posts: 2181
Joined: Tue Jun 29, 1999 11:05 pm

RE: Is This The End...?

Wed Sep 19, 2001 3:11 am

Well, let's see:

-- First, the slower economy has led to plummeting business, particularly high-yield business travelers.

-- Competition from low-fare carriers.

-- Fuel prices are up over the past few years.

-- The terrorist attacks left passengers fleeing.

-- The short-term outlook looks dismal as demand drops.
Free-thinking, left-leaning secularist
 
MCOtoATL
Posts: 448
Joined: Sat Sep 25, 1999 12:01 pm

This Is Not The End

Wed Sep 19, 2001 3:17 am

While the industry as a whole will suffer because of this, there is no way that the airlines will all face "the end." That defies basic laws of supply and demand. There is still demand for air travel. Granted, now the leisure market will dry up for a while, but it will be back to normal (I think.) Business travelers must still get from point A to point B.

As of this post, I do not know if the Federal Government will provide some money to aid the airlines. Even if they do not, some airlines are in a good enough financial situation to get through this tough time.

We will probably see some airlines that have a hard time (but many of them were having a hard time prior to the terrible terrorist attack.) But I don't think this is the end of the world (literally and in figurative airline terminology.)

Popular Searches On Airliners.net

Top Photos of Last:   24 Hours  •  48 Hours  •  7 Days  •  30 Days  •  180 Days  •  365 Days  •  All Time

Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos