PPRuNe Forums - View Single Post - Growing Evidence That The Upturn Is Upon Us
Old 7th Nov 2008, 09:51
  #1161 (permalink)  
spinnaker
 
Join Date: Sep 2003
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3Greens

Thanks.

"I'm afraid the global domination you suggest is fundamentally flawed. "

I wouldn't go as far to suggest King MOL is going to dominate the world (if he does, I want to get off). But there is no mistaking that he intends to dish out as many fatal blows as he can. Whether it works or not is going to be down to how deep the airlines pockets are. Some, I suspect are not that deep at all.

We shall see.

Alex Whittingham

I don't dispute the LoCo numbers are up, its just where those passengers are coming from. I find it difficult to accept that the air travel sector is bucking the trend, when every significant sector in the economy is now in decline. I believe those numbers are largely made up of existing business. Its already, widely reported that traffic across the sector is down and an overcapacity exists over and above seasonal adjustments.
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