Responding to the original letter -that places the blame on speculators- here is a very interesting piece from the Economist, stating the opposite case: http://www.economist.com/opinion/displaystory.cfm?story_id=11670357
Cheers, Eugenio L . . . wrote: > maybe they can make hybrid planes :))) > > I heard that some airlines were grounding the 747s. I suppose the 777 can > make it across the pond. > > On Fri, Jul 11, 2008 at 1:50 PM, Scandals & Animals < > [EMAIL PROTECTED]> wrote: > > >> ...... Original Message ....... >> On Fri, 11 Jul 2008 11:48:44 -0400 "Craig Froehle" >> <[EMAIL PROTECTED]> wrote: >> >>> Perhaps the consumer airline industry doesn't deserve to survive in >>> its current state. Could it be that there is simply no way to fly a >>> person half-way across the globe for anything less than several times >>> what the typical consumer is willing to pay? >>> >> I hadn't realized this, but I heard that a 747 holds 53,000 gallons of >> fuel, and jet fuel is well over $7 a gallon now. I don't know how many of >> those gallons it takes to go from NY to LA, but that has to cost an awful >> lot. >> >> I heard an airline exec interviewed, and he said soon, air travel will be >> only for the rich. The days of the common man flying anywhere except under >> unusual circumstances are gone unless the price of oil plummets. Think of >> what that does to the Hawaiian tourism industry. >> >> ------------------------------------ >> >> > > >
