Wednesday, July 9, 2008

The sunset is approaching

AirTran - 180
Comair - 300
ExpressJet - 400
Colgan - 60
PSA - 27
United - 950

And that's just the short list of companies who are going to be placing pilots out of work in the fall. This industry is in for some serious changes.

Just a shame, an absolute shame. This current down turn will make 9/11 look like a one day event in regards to the way this industry changes.

For over a few decades we really had had far too much capacity out there for the consumer. Capacity must be reduced if any of the remaining companies are able to become stable and stay in business.

I'm sure those numbers above won't be the last. Many more will follow, it's only a matter of time.

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