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The boom times are going to slow down for awhile boys, get used to it. Go learn abour airline history 101.
explain to me how southwest has been able to turn a profit year after year even during recessions? how did they turn a profit after 9-11 while the others were hiring bankrupcy lawyers. everyone was paying about the same for fuel back then. maybe it's poor business models for the airlines.Originally Posted by Three Green
Listen up people, hopefully some of you geniuses took economy 101. We are by all indications heading for recession. The consumer is reposible for about 2/3 of economic growth/activity. When the country enters a recession, people stop spending money on discretionary things such as air travel, business travel gets cut back or severely restricted (think teleconference). Raising fares is not the sole answer. The economy contracts in a recession including airlines. Raising fares to $1000 to go 500 miles won't mean anything if you dont have any freaking buyers for said ticket.The boom times are going to slow down for awhile boys, get used to it. Go learn abour airline history 101.