by Tanada » Mon 28 Jul 2014, 18:30:59
$this->bbcode_second_pass_quote('Pops', 'N')ot to sound too corny but there is a range of mitigation in every area of modern life, not the simplistic either/or "Non-negotiable Lifestyle" and "Total Systemic Collapse" dichotomy that makes for good blog posts.
The one thing Peakers should have learned over the last 10-20 years is a self-organizing system will reorganize when disturbed. This canary won't simply fall off it's perch without warning, it will grow bigger lungs at the expense of its pretty singing voice, shed the colorful plumage and grow scales in it's place, and develop big claws to hang on to that perch at all costs.
Airlines become more "efficient" by cutting flights, packing the seats, eliminating the peanuts and loser routes. This is how the world as you know it ends, not with a bang or a whimper but scratching and clawing every inch.
The canary is more like an alligator.
Funny thing Pops, when I was 19 and thought I had the world by the tail I said that if Death came for me I was planning to go kicking and screaming, not just gently into that Good Night.
The older I get and the more chronic health issues I accumulate the less ability I have to kick and scream whenever the grim reaper shows up. If private airlines are the canary I think they are the investors are going to start abandoning the sinking stock when they figure Peak Oil out. After that we either have all national/nationalized and subsidized airline, or we don't have air travel.
Heck I was only joking when I said I would avoid Malaysian Airlines after they lost two 777 aircraft in four months, but apparently a lot of other people are dead serious about it.
$this->bbcode_second_pass_quote('', '')The harrowing reality for Malaysia Airlines after MH17 is that if the government doesn’t have an immediate game plan, every day that passes will contribute to its self-destruction and eventual demise,” aviation analyst Shukor Yusof told AFP. Losing “one to two million US dollars a day,” the airline has “the bandwidth to stay afloat for about six more months based on my estimates of its cash reserves,” Shukor said.
Read More at inserbia.info/today/2014/07/malaysia-airlines-on-the-verge-of-bankruptcy/ © InSerbia News