Originally Posted by
Ferd149
Gee Scoop, you mean like your stock has taken off? Give me a break!
Ferd <------------doesn't want to be saved, go take your life raft somewhere else, please.
Ferd,
Give me a break – I am not the one extolling the virtues of my airline. I wouldn’t touch DAL stock with a 10 foot pole – I guess if you believe Keenster you are scooping up NW stock as we speak. By the way according to Keenster its DAL that needs the life raft. I think that all the airlines are screwed. I repeat, all the airlines, for the comprehension challenged that can somehow find pro-DAL meaning in posts that have none.
Basically we have two scenarios: First the cost of oil is just a temporary bubble in which case we can all have a few more years of blissful ignorance in a dying industry.
Or we are facing a new paradigm – the end of cheap oil. In case of the latter, flying will slowly devolve into what it was in the 60’s and 50’s – a luxury for the rich and a necessity for business. Just exactly how long do you think we can go on losing hundreds of millions of dollars? Tourism depends on cheap oil and without it you will see tourism decline. So for the really, really obtuse out there neither DAL or NW or any other passenger airline including SW is in an enviable position. The industry has grown to its present levels on the back of cheap oil. Absent cheap oil it will seek equilibrium at a much smaller level, requiring far fewer pilots. Sorry to be so negative, but ignoring reality will not make it go away. Hopefully for us the merged DAL/NW combination will be one of the survivors.
Scoop
Last edited by Scoop; 05-11-2008 at 06:25 PM.