Monday, September 22, 2008

What If?

What if the airlines are the next to go? It's no secrete that they are no longer turning a profit, its realy just a question now of how much longer they can go on with business as usual.

"The airline industry is in its deepest crisis since the age of mass air transport began in the 1970s, British Airways chief executive Willie Walsh has said. The industry had been hit by a "devastating combination" of an economic downturn, declining consumer confidence and high oil prices, he added." - press association

With all the talks of wall street bail outs, are the feds going to be willing (or even able) to bail out the airline industry? And if so how, nationalizing? Air American could take on a whole new meaning. At the very least there is likely going to be a need for re-regulation of the industry. What does this mean for the average American consumer, like say me, trying to fly from LA to Boston? It seems there are gloomy ski in the forecast. And it may get very difficult to get a bike, and or surfboard's across the country. Ah, life in Clusterfuck Nation it almost seems surreal.

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