PPRuNe Forums - Years ahead - surplus or shortage of pilots?

Quote:

It all boils down to oil really. Oil being a finite resource, it has a finite life. The $64,000 dollar question is when does the price of oil make it uneconomical for airlines to fly. I'm convinced that the end is nigh for oil, but not for 30+ years.

Absolutely agree. Why would one expect the price / barrel to drop by a lot and especially long term?!? We're running out of oil, hence the price raises. That's just logical and not different than with anything else.

The fewer seats on an aircraft left the more they cost. The fewer oil, the more money you got to weed out :eek: :8

btw: I saw experts ( whatever that means nowadays ) on the news who forecasted oil prices of 350-400 dollars / barrel not too far in the future. Now THAT'D make me wonder about the nice fuel surcharge on my Ryanair tix :yuk: