The decrease in overseas flights is a potentially troubling sign for the major airlines, which traditionally make more money on tickets for trips outside the United States.Daily Sprawl is not the type of blog to brag too much. But, so far, almost all of our predictions have proved accurate.
But with the price of jet fuel nearly double what the airlines paid in 2007, “the economics of many routes just don’t make sense,” Mr. Tague said during a conference call.
So, we'll now predict that, by 2010, at least 50% of the U.S. commercial airline carriers will be defunct--either by merger or just going out of business. And, add to that prediction the extreme likelihood that UPS and FedEx will have to merge to make any economic sense.
Just repeat after us: "I like the train. The train is good. The train works for me...I like the train. The train is good. The train works for me...I like the train..."