missing the point
I think the point of this tread has been missed by a sector or two... The point being what will happen to airlines and thus jobs (for people in training and of low seniority especially) if oil does remain at it's current price or increases further?
Will jobs be lost? If so what's the $price that will tip us over the edge?
Or will passengers simply wear higher ticket prices and keep travelling? And how much of an increase can people bear before they cut their travel plans?
Should aspiring pilots give up the dream or soldier on in the hope of having a job after spending mega bucks on training?
What will the industry look like in 1,2,5 yrs time?
You can argue till you're blue in the face about tommorrows oil price and unless you have a crystal ball you're just speculating.