I did ticket calculation for you several times. Even of oil-price go up by 30%, prices on tickets will go up by 10% (approximate).
Oil prices goes up by 100%, tickets up by 30%.
My vacation budget is 1000-2000$. Where tickets stands for 100-200$.
If tickets now will cost 130-260 (whole vacation package price will be 1030-2060) will I cancel my vacation?
Even if ticket price get dobbled (for that, Oil have to be 3x average price), will I cancel whole vacation (price will be 2200, instead of 2000), or will I just cut down on something else?
For sure, some people MAY cancel vacation. 90% will go somewhere cheaper.
Will that affect airliners THAT much, as you claim? No, not at all.
So, with other words, you mean, global crisis, that affected basically every singe company in the world and around 70-80% of population in i-countries, did NOT affect whole aviation industry what so ever?! I laugh and cry (of laughter)))))))
You can imagine anything you want about how much you are ready to pay for your holidays, in 2008 many airlines grounded many airplanes because they were not profitable due to oil price. Not profitable could mean (but not only) they were more expensive than an other airline, so couldn't sell all of they ticket. Open market. You cannot ask any price you want. Some passengers will go to see an other airline, change their option. You maybe not, but there are millions of passengers, and a small tendency is enough to make you lose profit. That's what happened begining of 2008.
Let me repeat. From your own post, whole 25 airlines, had bad times during first half of 2008.
End of 2009 - "a few more" companies experiencing bad time, ceasing operation. NO ONE hiring, its almost impossible even to get CFI job.
You know, its kind of like comparing: someone clap you on the chin (high oil prices) and then someone hit you on the head with baseball bat (crisis). And you gonna clame, that its clap that caused the brain damage.
Chin clap can be very hard and nasty. But you can never compare it to a good hit with the bat... So please, stop doing it
Is that aviation you are talking about?