Originally Posted by
newarkblows
The party is coming to an end on a much bigger scale then we have seen. Scary stuff.
Sadly, I'm very worried you are right. Just reading the WSJ these days makes me want to drink Drano.
I wonder how much capacity is left to cut? The cutbacks from 2008-2009 were so drastic and not much capacity has been added back.
If there really is going to be movement due to forced retirements, airlines MIGHT fare better this time around than they did last time.
I wouldn't want to be a pilot for Iberia though.