Originally Posted by
TOGALOCK
People have become far too comfortable in the post covid airline world. Profits, load factors, and hiring have redefined the “normal” so much that any shift from that is considered to be the sky falling.
Q1 had historically been a losing quarter for airlines during the post holiday travel surge. An unfortunate cost of doing business that would be absorbed by summer and holiday travel later in the year. The fact that airlines are even posting any profit right now is still impressive.
The economy, politics, air travel, etc. is in constant flux right now. Today’s news isn’t indicative of tomorrow’s. I’m not going to clutch my pearls yet.
Glory days are over. Its back to how the industry has always been, cyclical.