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Peak Oil is You


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Page added on July 22, 2008

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Preparing Australian aviation for a new world

by Geoff Dixon, CEO of QANTAS


..For almost 90 years QANTAS has developed a cultural strength that enables us to cope well with crises. We have shown great resilience through numerous major shocks over the past decade alone.


But right now the global aviation industry faces, not a shock or a blip – not even a crisis – but a permanent transformation. The drivers of this transformation will be globalisation, accelerated by permanently high fuel prices. And the result will be a new aviation world order.


… Oil, of course, is a finite natural resource and whether or not the world has reached “peak oil” is a matter of debate. But there is no question that the cost of finding and extracting oil will continue to climb. Today



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