MORE ON THE GRIM REALITY OF THE U.S. AIRLINES

My previous post, as well as many other ones during last year, was dedicated to the grim situation of the U.S. airlines. Besides Continental Airlines, which, as I pointed out in the February 22nd entry, is busy renewing its fleet and delivering a better product to the customers, all the other major U.S airlines are struggling to survive, let alone developing for the future.

My “obsession” with this topic proves to be more than a psychological disturbance. In a recent article in Newsweek, called “Why U.S. Airlines Can’t Compete”, Adam Kushner draws a very negative picture of the U.S. airline industry, comparing it to the once mighty American steel industry, which tried to survive by lobbying for governmental aid and tariffs. When you look across the pond, says Kushner, you can’t help but feeling jealous at the superb condition of European and Asian airlines like Air France, Lufthansa, Singapore and many others.

The struggling airlines of America are sure to be a good story for the next few years, but the question is, which one of them remains to be a part of its end?