Are Ridiculous Airport Security Measures Killing Airline Profits?
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.
Of course rising oil prices and global economic turmoil are contributing factors, but there are also millions of Americans out there today that have now decided that they simply are not going to fly unless they absolutely have to.
Take myself for example. Once the naked body scanners and the “enhanced pat-downs” went in, I decided that I would not fly unless I absolutely had to. At this point I have not taken a flight in over a year.
Analysts say that the airline industry is being “right-sized”, but you would think as our population grows that the number of people in need of air travel would continue to grow.
Instead, we have witnessed a horrible decade for the airline industry. Over the past decade, one out of every four airline jobs has been lost…..