FlyerTalk Forums - View Single Post - Larry Kellner: “the business cycle is continuing to decline.”
Old Mar 22, 2009 | 3:10 pm
  #33  
HeathrowGuy
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Originally Posted by pbarnette
That is quite a lot to subtract. I think that WN's fuel hedge advantage was and is a fundamental part of their strategy.
My point exactly. For the past few years, much of WN's profitability has NOT been a direct result of flying people around America because doing so on a macro scale is not, in and of itself, a money-making enterprise. And because domestic air travel is both 1) financially unviable in its current form, on a macro level, and 2) essentially necessary, on a macro level, for the functioning of our society, government may have some expanded role to play in reconciling these conflicting realities.
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