The Airline Industry Catastrophe Has Formally Arrived
I’ve been reading up on the debacle that is Southwest Airlines this morning. I’m not going to cover what is going on, so this article from zerohedge is a good starting point along with this guy’s twitter feed. What I want to say is that this was easily forecasted and I said so back in April when I tested out flying for the first time since the plandemic started. In fact, I put Southwest Airlines on my permanent black list.
Reading up on what’s going on now, this appears to me to be the end of Southwest Airlines. I’m not sure how they recover from this. They’ll almost certainly receive more federal subsidization, as all airlines do, but who will actually fly them? This cascade failure of Southwest makes me also wonder if it’s going to be the beginning of the end of the airline industry as a whole?
For the short term, though, it appears that many people will be stranded for a week. Some of those people will have to live and sleep on the floor of the airport through New Year’s, as hotels and rental cars are all booked or because they can’t afford a hotel for a week. For the longer term, people will realize Southwest Airlines is not a viable operation and there’s still that pesky little problem of pilots and crew members among all airlines dying from the Covid-19 vaccine that will continue for at least the remainder of this decade. Oopsie.
From this point forward, everyone should realize that flying is a very high-risk endeavor and weigh the benefit against that accordingly.