Quote:
Originally Posted by daOldMan
What percent of major corporations, not to mention our government and military, depend on passenger carrying airlines?
Thousands of companies and millions of employees would be adversely affected if we all went out of business.
Again, it doesn't matter what we think. No one cares that we think.
The airlines are the size that they are because the vast majority of people want to fly, not because they really need to. Businesses prefer a face to face meeting and a handshake, but the same meeting could be held with a teleconference. People enjoy vacation travel, but there really isn’t a need to go sit on a beach in the Caribbean. Most of us are employed because the public prefers to buy our services, not because the world will stop spinning if global aviation gets cut in half. This is hitting the travel industry hard. It is also hitting other industries hard. Should bailouts go to concert halls, restaurants, convention centers, etc, as well? Where would it stop? Demand will return at some point. The market will direct the industry how to react to what ever the new normal is.