Those Screwy Airlines
March 22nd 2008 02:13
I always wanted to be a market analyst. At times I play an ameteur analyst and look at different aspects of the transportation market. Today I'm going to play an airline analysist or reporter.
Airlines are in trouble. As they try to restructure and merger, they are met with the ever high prices of fuel. Jet Fuel A is currently the eqivalent of $130 a barrel. Add to this the fact that many airlines are running into labor problems with workers and unions, survival is very fragile.
Bankruptcy over fuel currently claims Aloha Airlines that filed Chapter 11. Many other airlines are cutting flights and employees.
I should have written about the SouthWest planes with cracks in the fuselage. I predicted elsewhere that the opening of such a can of worms would cause inspectors to check other airlines, too, for the same problem or others. Now it's United. Planes' altimeters were checked using an uncalibrated instrument.
United plans to shrink it's fleet and raise prices.
Labor tends to implode the airlines. Their unions are so strong that labor needs come before the customers. I'm all for labor and unions, but many airlines went out of business because labor would rather destroy it all than compromise. This will be proven in other future entries. We'll look at Eastern, NorthWest, US Airways and more.
The worlds are colliding big time in both the airline and auto industry. The airline industry is being hit harder as the candle burns at all ends with fuel, mergers, unions, etc.
Airline ratings falling!
Trains are starting to seem more appealing!
Airlines are in trouble. As they try to restructure and merger, they are met with the ever high prices of fuel. Jet Fuel A is currently the eqivalent of $130 a barrel. Add to this the fact that many airlines are running into labor problems with workers and unions, survival is very fragile.
Bankruptcy over fuel currently claims Aloha Airlines that filed Chapter 11. Many other airlines are cutting flights and employees.
I should have written about the SouthWest planes with cracks in the fuselage. I predicted elsewhere that the opening of such a can of worms would cause inspectors to check other airlines, too, for the same problem or others. Now it's United. Planes' altimeters were checked using an uncalibrated instrument.
United plans to shrink it's fleet and raise prices.
Labor tends to implode the airlines. Their unions are so strong that labor needs come before the customers. I'm all for labor and unions, but many airlines went out of business because labor would rather destroy it all than compromise. This will be proven in other future entries. We'll look at Eastern, NorthWest, US Airways and more.
The worlds are colliding big time in both the airline and auto industry. The airline industry is being hit harder as the candle burns at all ends with fuel, mergers, unions, etc.
Airline ratings falling!
Trains are starting to seem more appealing!
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