Simply put, the technology presently in use by the airlines cannot support many markets at low fares like it's trying to do now. It's designed for another era long past and a vastly different regulatory operating environment. Give it another ten years at most, and the second low fare "revolution" will have ended for most major markets in the United States.
Airliners. They're basically various reincarnations of a design that's half a century old and that was designed for an environment with a government regulated structure, not the free market we see today on the domestic level. Simply put, they're not designed to bus people at the fares they're being asked to and pull a consistent operating profit on seat sales.You lost me. What technology are you talking about?
people complain ticket prices are going up
pilots complain they don't make enough (new ones at least)
airlines don't make enough money and are closing down
what do you do to solve this?
people complain ticket prices are going up
pilots complain they don't make enough (new ones at least)
airlines don't make enough money and are closing down
what do you do to solve this?
people complain ticket prices are going up
pilots complain they don't make enough (new ones at least)
airlines don't make enough money and are closing down
what do you do to solve this?
It's a much larger issue.
Our dollar is 50% weaker than it was YTD. As such, everything that is traded in our currency is 50% more expensive on the worldwide environment (Oil, grains, etc).
Nevertheless, the European companies are able to have a nice stable environment because their respectable economies are still floating along fine - for now.
England is starting to see the same credit and real estate issues we had about 8 months ago. Now, that's just one country. . .but I'm sure our little issues here will continue to filter through the world markets.
Global confidence in our country's economy and trade (exports) are nearing all time lows.
So. . .in classic American fashion:
Customers want stuff cheap, even if it cost a hell of a lot of money to produce it. It's just the way this country has been brought up. Doesn't make it right, and until enough of us with half a brain realize that we might actually need to start paying more for goods and services, a majority of our fellow countrymen / women will continue to complain about ticket prices.
Wake up I tell them. For a number of reasons, you guys (customers) have been getting excellent deals on all forms of travel. On the broken backs of employees who have taken on the chin for far too long. Now, couple that, with an unfortunate cost for Oil (considering our weak dollar), it's time - now more than ever - to see an increase in the cost of the services being provided. No matter what industry.
The kind I was telling you about. You know. The aliens. The probe. My unusual discomfort while sitting.You lost me. What technology are you talking about?