Airlines Turning Into Survival Of The Fittest

[700UW]

Airline industry turning into survival of fittest
BY JAMES BERNSTEIN
STAFF WRITER
December 2, 2004

"Maybe you could do us all a favor and drop dead!"

That old comic line may not sound very kind, but that's essentially what the major airlines are saying about one another as they struggle to survive brutal price wars and high fuel prices.

Newsday

 

[4merresrat]

"Maybe you could do us all a favor and drop dead!"

That old comic line may not sound very kind, but that's essentially what the major airlines are saying about one another as they struggle to survive brutal price wars and high fuel prices.

Newsday

[post="205489"][/post]​

 

[DCAflyer]

To many analysts and experts, it's not a theoretical question - they're virtually certain there will be one less carrier in 2005. "It's high noon in the airline industry," said Vaughn Cordle, chief economist at Airline Forecasts LLC in Washington, D.C.

[post="205489"][/post]​

I seem to recall the analysts saying this in 2002, 2003, and 2004. Could it be that they don't know what the hell they are talking about?