Quote:
Originally Posted by LetsGambool
The presentation argues there are missing flights due to high oil prices. That's false, the reason is industry consolidation. Fuel costs were a factor in airline mergers, but not the only factor or the primary one. The industry has lost money basically forever, consolidating made sense whether prices were $20 or $200
I just provided links showing it was undoubtedly the primary cause.
To suggest an industry has been "losing money since basically forever," yet grew for decades is an amusing contradiction. If you want to qualify a date since all the major airlines started operating at a deficit, let's start there. I'm confident it began after oil price began spiking way ahead of normal inflation.
Again, they consolidated due to high costs, most every one of them associated with the high cost of oil, and everything that comes with the high cost of oil. Do better.
Quote:
Originally Posted by LetsGambool
First line is funny, can you find a single post where I self-identify as a liberal?
Can't really find a single post where you self-identify as anything. You're completely out of your element admitting anything about what you believe or predict, Borges. However, your body of work here and the things you rail against and defend depicts you as a left-leaning moderate with no real stomache for anything radical or unsafe. Fraud.
Quote:
Originally Posted by LetsGambool
No, you don't show the causation actually. That's why you get tens of posters on a message board full of smart people scratching their heads when you post.
LOL... Yes, I do... The links, the testimony, the data charts, etc. etc. ... It's not my fault trolls like you pretend they didn't see it, or routinely punt to "tl;dr" over and over and over again. ... See, this is where your troll responses undermine your ability to comprehend later when you actually make an effort to counter my thesis.
You at first glance: "No, that's not the reason. TL;DR"
You later: "Well, that's part of the reason. But here are some others, so it's not the main one."
Quote:
Originally Posted by LetsGambool
First is undoubtedly true, second isn't an accurate depiction of my argument.
Oh bull****.
You responded suggesting the drawdown in Capex spending by the majors said nothing of the spending for nationally-owned companies. The clear implication there is that you're not convinced the majors' stepping back a bit can't be atoned for by NOCs and/or smaller companies.
Quote:
Originally Posted by LetsGambool
Sure, if JiggsCasey was the arbiter of record that's probably true. Unfortunately for you, just like the time you tried to arbitrate your own exile bet, that's not how the world works.
LOL... no, that would be you trying to arbitrate YOUR own exile bet, which you lost. You initiated the bet, got shown up, and then tried to re-write the bet to suit your lame assertion.