From www.blacklistednews.com; Michael Snyder
Over the past couple of years, the attitude of U.S. consumers towards flying has shifted dramatically. Once upon a time most Americans looked forward to flying, but thanks to rising airfares, horrific fees and ridiculous airport security measures that has changed. In particular, the new airport security scanners that can look underneath our clothing and the new “enhanced pat-downs” have caused many Americans to decide to give up air traveling for good. It is being projected that airline profits are going to be way down in 2011. Could this partially be due to the fact that these ridiculous airport security measures are chasing Americans away from the airports?
According to the International Air Transport Association, profits for the global airline industry will only be about $4 billion this year. Last year, the airline industry made $18 billion. Things look particularly bleak in the North American region.
- Forbes blogger: “governments are the primary source of systemic risk to the economy, our standard of living, and our liberty” (goldgunsgeopolitics.wordpress.com)