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Re: Re: Distinguished Order of Miserabilists Update
Jim Devine wrote:
but the following question is quite relevant, since anecdotes can easily deceive:>What are the industry load factors looking like?<
+++++++
I agree. But I fly San Francisco-Boston-San Francisco by United at least once a month for the past three years. Call it a long distance commute if you like. So my personal sample size is quite large. The decrease in the number of passengers over the past few months is more than noticable. There used to be long lines in front of the entry points into the gates area, now there is hardly any line. After much more than half a million frequent flier points, they give me free upgrade certificates to the business class and until recently the business class had always been packed. Nowadays, you see empty seats.
Here is another anectode:
I am friends with a shop-owner who sells ties, socks, cigarettes and other similar garbage to the customers of Hotel Meridien in Boston. He said a few days ago that the occupancy rate at Boston Meridien in July was the worst for the past 10 years. Don't know from where he learnt this but you know how news spread in work-places.
In today' s NYT there is this article entitled: "U.S. Airlines Lower Fares to Spur Demand". Couldn't find it online but it is on page C8 of the Business Day section, if you read the hard copy. Take a look at it if you like.
Sabri
- Thread context:
- Re: On Bello, (continued)
- News from Bloomberg,
SOncu Wed 29 Aug 2001, 00:37 GMT
- Re: Re: Distinguished Order of Miserabilists Update,
SOncu Tue 28 Aug 2001, 21:25 GMT
- Cutting public spending in Argentina.,
SOncu Tue 28 Aug 2001, 18:16 GMT
- German and English news at Red-Globe,
Red Globe Tue 28 Aug 2001, 17:57 GMT
- Economics Reporting Review by Dean Baker, 8/28/01,
Robert Naiman Tue 28 Aug 2001, 17:52 GMT
- Re: force behind market forces & GM crops,
Ken Hanly Tue 28 Aug 2001, 17:47 GMT
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