I wrote: >> regardless of the cause, this could very well be the beginning of the end > >for the airline industry as we know it. Confidence will be > virtually zero.
Russell wrote: > I wouldn't write it off just yet - we're not going to go back to > zeppelins and cruise liners without some other major cultural change (ie > one that promotes a slow down of our frenetic pace) This airliner was on <snip> > What will probably change is greater use of teleconferencing, and > greater use of trains (on the US East Coast at least). Until teletourism > (VR?) becomes reality, the airlines will continue. Grandparents will > want to visit babies, retirees will want to see the world, businessmen > will want to close the deal, and tourists will want to tour... I agree with you completely. I just meant that this would seriously hurt consumer confidence in the airlines and probably result in less passengers, causing higher ticket prices. I think we will see more of exactly what you mentioned as far as teleconferencing and alternate means of transportation. I do predict that this may push some of the smaller airlines into bankruptcy or even completely closing down. Gary
