Old Oct 25, 08, 5:00 am
  #3  
chris18london
 
Join Date: Nov 2005
Location: Chicago
Programs: BA, UA
Posts: 1,381
Originally Posted by UncleDude View Post
Do you think that this will mean the LCY-JFK service will now never get off the Ground?
Urgh. Sorry UncleDude, not directed at you.

I highly doubt it. I imagine demand on this route would be somewhat inelastic, or better- relatively insensitive to this crisis which will merely be deepened by sensationalism in the press, the panic-sellers, the average Joe who tightens the purse strings, but doesn't know better when people like the BBC are, as they did last night, hailing doom and gloom as if it has never happened before. If people were encouraged to carry on spending instead of cutting back, it might maybe even turn the corner. The City and the Media relish the drama too much for that, which is low.
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