Friday, March 13, 2009

Proving an Airline Depression - Top three reasons you know the airline industry is screwed (for a while)

Three things I noticed recently that really prove it is hell on earth for airlines:
  1. Air New Zealand agreed to pay commission on fuel surcharges. Finally proving what we have all known, that fuel surcharges were a complete travel agent income denying scam and that airlines are getting more and more desperate to find ways to convince travel agents to shift share;
  2. 2008 compared to 2007, Cathay Pacific carried 7.3% more passengers, generated 14.9% more revenue but lost US$1.1 billion. How is that for a collection of numbers; and
  3. In 1990 I bought my first long haul airline ticket with my own money. A European round trip ticket from Sydney on Qantas to go backpacking. Cost A$2,100. In 2009 a close friend bought seats for him, his wife and two sons round trip from Sydney to Los Angeles on Qantas. Cost A$2,700. 1 person 17,000 kms, 19 years ago for just $600 less than 4 tickets to go 12,000kms . Given the inflation rate, $2,700 in 2009 is less than $2,100 in 1990.
What have you seen?

thanks to temp13rec for the photo

3 comments:

travelandtrips said...
This comment has been removed by a blog administrator.
Jonathan said...

I tried to post a comment on the above spammer's blog and would you believe it, she has the audacity to moderate comments before they show after spamming other blogs....

It is unlikely that you will even bother to return and read other comments, but will say the following anyway: As a blogger yourself you should know better than to spam other blogs. It really does say a lot you as an individual and I hope that you do not plan to build up any online credibility in the near future.

Tim Hughes said...

@Jonathan - that particular spammer (now deleted) is starting to annoy me now. They are appearing more an more in my "delete" finger is getting a real work out.