Originally Posted by
flyguyniner11
the industry is cyclical true and it is an extremly dynamic industry and is always changing, adapting to the world around it, it has always been this way and will continute to be this way.
The way things are now, it's not like one of the prior cycles. The other cycles were from airline mis management, and other economic factors. The rebound isn't going to be as high as in prior years. The fact is, oil was never a factor in the previous downtimes. ( OK, maybe about three weeks or so back in the gulf war.)