 Re: The Airline Industry and your predictions
My prediction is that the industry will significantly worsen over the next decade or two, due in part to the rising costs of fossil fuels. But as soon as the next generation of ultra-fuel efficient propulsion technology has significant market penetration, operating costs will finally decrease. This will allow the airlines to lower airfare, which in turn will attract more customers, and yield higher profits. Welcome to the golden age of commercial aviation. |