Gary the Sabre Geek has a sobering look at how Delta plans to cut $3 billion in costs—and what the result could be if Northwest does something similar. He says:
- Imagine the chaos in the transportation industry caused by reducing capacities in America by 35%. Airlines will ditch service to small and mid-sized markets in favor of higher yield mid-sized and long haul markets. Now what happens if one or both decided they can’t emerge from chapter 11?
The prospects for re-regulation are very real indeed.
Gary know a lot more about the airline industry than I do, but I'd have to say his predictions could very well come true. And the impact on meetings could be beyond enormous.
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