WayexTDI wrote:Well, (some) fares didn't go down: I checked a round-trip to Europe for end of June-early July and prices are what they were 2 years ago. So, whatever route is flown is not done at discounted fares.
All fares went down, but the decrease hasn't extended into late June yet.
wv399 wrote:ATL hasn't been mentioned because it's not going anywhere. It's blessed by geography, and exceedingly low costs per enplanement. To be fair, it's flights and pax counts will definitely shrink, but it's status as Delta's preeminent hub is unquestioned.
I highly doubt anybody expects ATL to be dehubbed (if they did, then they should lose their ability to participate here), but ATL will get hit pretty hard. It's simply unavoidable, by virtue of its size and exposure to leisure traffic, particularly Florida and points south.
BTW, ATL's success has nothing to do with CPE. CPE is simply total costs charged to airlines / total enplaned passengers. Math makes ATL's CPE low. In reality, most of DL's costs are fixed, and variable costs are similar to its other hubs. If you're UA or AA... it isn't materially cheaper to operate from ATL than MSP. We really need a primer on CPE, and sticky it to this fourm...
ckfred wrote:Ben Bernancke just said today that he sees a deep recession with a very quick recovery. When the markets collapsed in 2008, we were in a bathtub recession. We hit bottom and stayed at the bottom for quite some time, before GDP and employment numbers improved.
...and many other economists think we're headed into a longer, more painful recession/recovery period than 10 years ago. Time will tell, but projections that by next summer we'll be on pace to surpass 2019 traffic levels seem ridiculously silly at the moment.