I was ridiculed several months ago for mentioning ‘inflation’ as being an emerging issue. I was correct in my previous comments and still stand by them. Oil prices are rising, building material costs are rising, house prices are exploding and freight costs are ballooning. There is nowhere left to go. Interest rates are low and no country wants to raise them to stem inflation. Reducing them further is impossible, so inflation is inevitable. Best of luck to any new airline startup at this time in history. Success is unlikely. I’m happy to be proven wrong so let’s bookmark this post and revisit it in 12 months time. The can has been kicked down the road for a long time now, eventually the road runs out.
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