Originally Posted by
Brickfire
Black swans will come. So will white.
They can have two effects
1) temporary reduction in demand that rebounds
2) structural change
The last 40 years have been so rough because of structural changes post deregulation. I don’t see structural changes waiting on the level of legacy consolidation, FE removal, baseline load factor shifts etc. but change my mind… i like data
Your data is wrong. I told you. the load factor at United in 2000 was in the 70s, not 60s. And only 75 aircraft, or 12% of our fleet had FEs in 2001. But it's nice to know you have it all figured out. A genius. Just wait till it hits the fan... you'll need some cheese with your whine.