Big Airlines in Big Trouble " If you want to travel anywhere in the next five years now is the time to do it."

Running on empty: big airlines in big trouble

peakoil.com 18 Aug '12, 11am

Big Airlines in Big Trouble " If you want to travel anywhere in the next five years now is the time to do it."

I have a joke with a friend of mine that airline pilots are nothing but glorified bus drivers. As cynical as this may be, for the majority of us with regular jobs who fly economy air travel is increasingly becoming like its land-based cousin: cramped, overcrowded and at times downright unpleasant. Most people living in our modern industrial society take air travel for granted. We think very little about hopping on a plane and travelling around the world for little more than a couple of weeks wages. As jet fuel prices bounce along with the price of crude however many airlines are increasingly struggling to break even. Fuel prices now account for 35 percent of operating costs compared to 15 percent a decade ago. Air travel has always been a fickle business, earning an average net profit of one to two percent , compared with an average of over five percent for U.S. industry a...

Full article: http://peakoil.com/consumption/running-on-empty-big-airli...

Tweets

@peterpolder » 26 Aug '12, 9am
@RalfKrewinkel @coppus @maa_airport zie hier voor achtergrond info [link] en [link]
@A1Sophia » 19 Aug '12, 3am
Running on empty: big airlines in big trouble | Peak Oil News and ...: Recent trends however show that airlines ... [link]
@prashantojha » 19 Aug '12, 2am
Running on empty: big airlines in big trouble | Peak Oil News and Message Boards - [link]
@uncleBotak » 18 Aug '12, 4pm
Running on empty: big airlines in big trouble [link] via @zite
@aayuso » 18 Aug '12, 3pm
RT @peaktweat: #peakoil Running on empty: big airlines in big trouble: I have a joke with a friend of mine that airline pilots ... [link]
@TTWycombe » 18 Aug '12, 1pm
Big airlines in big trouble: [link] #runningonempty
@peakoilnl » 18 Aug '12, 1pm
Luchtvaart valt langzaam droog. [link]
@hblackson » 18 Aug '12, 1pm
RT @MiamiUrbanist: Big Airlines in Big Trouble [link] " If you want to travel anywhere in the next five years now is the time to do it."
@MiamiUrbanist » 18 Aug '12, 12pm
Big Airlines in Big Trouble [link] " If you want to travel anywhere in the next five years now is the time to do it."
@peaktweat » 18 Aug '12, 11am
#peakoil Running on empty: big airlines in big trouble: I have a joke with a friend of mine that airline pilots ... [link]
@DJBungeeDE » 18 Aug '12, 10pm
RT @peaktweat: #peakoil Running on empty: big airlines in big trouble: I have a joke with a friend of mine that airline pilots ... [link]
@Nictos » 18 Aug '12, 3pm
Running on empty: big airlines in big trouble [link]
@nickkauf » 18 Aug '12, 1pm
RT @MiamiUrbanist: Big Airlines in Big Trouble [link] " If you want to travel anywhere in the next five years now is the time to do it."