Originally Posted by
Podracer
How are we going to fly to Europe if there's no jet fuel in Europe to top off with?
This question isn't meant to be answered. But I am freaking out about what's about to happen to the world economy and to the ME?
What happens if it goes to hell this summer? We pause negotiations until the new normal normalizes? What's the procedure for when black swans happen right in the middle of negotiations? Is that what happened in covid? I wasn't here yet.
Black swans always happen during negotiations. That's why it takes so long if there isn't an obvious one to exploit then management has to ramp up the doom and gloom for their made up one until a real one presents itself. Pro tip: pilot costs normalize across the industry regardless and become fixed costs that then inform price and capacity. Just like fuel they will pay for the necessary inputs and charge prices accordingly.