Originally Posted by
Dunkin
Good points. Also the mergers have finally allowed the airlines to pass on increased gas prices to the consumers vs 2008. Airlines today could still be profitable at $150 oil, esp Delta/United/AA since their average passenger has a higher income than the LCC pax. Retiring boomers have a ton of wealth that they will be spending on travel in the next 10 years.
Agree 100% with the consolidation as well
Like I said I am pessimistic but even I feel like things are going to be pretty good for a while. The amount of movement is going to really help morale out.