The reality is that the low cost/low fare operators will weather the upcoming economic hurricane which according to Warren Buffet (who knows a thing or two about these things) will last for up to eight years - unfortunately there will be a lot of 'full service' high cost operators that will not. I remember what things were like at my first employer - Laker Airways - at the back end of '81 though to 'black Friday' - 5th February 1982 - and I have huge sympathy for those who will be affected.