Everyone's profit margins are being wiped out. Watched the Money Programme the other night and O'Leary spouted out that he looks forward to recessions as it shakes up the industry and Mr and Mrs Bloggs that need to fly somewhere will look for the lowest ticket price. It's the Premium carriers that will get hit the most as the last few months have shown, ie Maxjet, Eos, Silverjet amongst others..... Difficult to say really. The general concensus amongst colleagues is that you may find one of the UK locos going bang at some point.. ie Easyjet as they're into losses already..... Not sure about Flybe's standing as they're in turmoil with crew shortages and not sure about their Q400 deliveries as some are off to Wideroe.... I think the smaller carriers with low overheads might be able to weather the fuel increases. It is worrying times but we'll have to wait and see.