PPRuNe Forums - View Single Post - Growing evidence that the downturn is upon us....
Old 29th Aug 2008, 12:41
  #1261 (permalink)  
clear prop!!!
 
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Re-heat.

Capacity means nothing.... My point was that house prices etc had not had an effect on capacity.

You are absolutly right. However, the point I was making was that there was no shortage of demand due to the punter not wanting to spend money as a result of a 'technical recession'.

Zooms business model was based on low cost flights with low'er' ..much lower fuel costs. I suspect that their market would still have been there if they had the balls to reshape the business model and put fares up.

With regard to property prices, again you are correct, Glasgow itself has shown a decrease of around 1% over the YEAR. But...Glasgow is just where the Airport happens to be. The rest of Scotland ...which is where the market is, has shown a year on year increase of 9%!
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