The current state of the airline industry Options

[Hartmann]

Things are getting really ugly, really quick.

United has reduced capacity, is cutting staff, and is killing of their low-cost carrier TED.
US Airways has not fulfilled its order for two planes that could fly their new route to China, so they'll lose the route and they're reducing capacity.
The Delta/Northwest Merger isn't complete yet, so who knows the outcome.
Continental announced this morning that they are reducing capacity and cutting some staffing.
ExpressJet (who Continental employs to fly their little jets) is on the verge of Ch11.
Southwest has raised fares considerably.
JetBlue has cut a number of routes.
AA is nickel and diming customers to make up the costs.


yikes.

[impala454]

I didn't realize the airlines constituted "everything". Melodrama at its finest.

[Hartmann]

I didn't realize the airlines constituted "everything". Melodrama at its finest.

Airlines aren't everything but they're a good representation of what is going on.

With less people flying it is indicative of people spending less on leisure items. In turn, the airlines will cut flights and raise prices, causing even fewer people to fly.

[impala454]

With less people flying it is indicative of people spending less on leisure items.

You've gotta be kidding me. How the hell can you correlate flying with spending less on leisure items???

[Hartmann]

You've gotta be kidding me. How the hell can you correlate flying with spending less on leisure items???

Flying, vacationing, etc. is a leisure item. You aren't required to have it and you do it at your leisure.

No, it isn't a TV or a Playstation but travel is considered leisure. People not traveling as much = people spending less on travel = less spent on leisure items.

http://www.npr.org/templates/story/story.p...toryId=90957062

I fail to see why that is hard to understand.