With oll > $60
nevermind staying at $100 plus I am not sure how many airlines will survive. There will be massive pressure on costs so am not expecting much in way of pay increases over the next few years. Any airline that breaks even will be doing well. Just read this morning that 400,000 northern Rock mortgage holders are being forced to leave NR and find deals with other companies at rates 1 to 2% higher than they previously had. How are they going to be able to afford to fly this year ?