I keep reading all these articles about UAL possibly being CH 7 by June. The possible BK filling by AMR and record loses. High labor and fuel costs, war, terrorism, a lack of business travelers paying high fares, new low cost competition for the majors along with higher costs for security and insurance.
I wish I could come up with some kind of scale to judge how much the airline industry is going to change.
Is this the most challenging time for airlines in history? Even more so than deregulation?
I just wish I could predict the future and know what the aviation world will be like 10 years from now. Is anyone else feeling the same?
Are we talking no more UAL and no more ATA, Midwest or America West? When the economy starts to grow again and airlines get healthier will we see a bunch of new start ups?
UUUUgggggg, I don't know what to think, and for someone who has lovingly watching the awesome airline industry for years it just gets me.
Does anyone else feel the same?