Enough passengers, with U.S. airlines in bankruptcy Parade

Air travelers reacted to the declarations of bankruptcy on Wednesday, Delta Air Lines and Northwest Airlines, the same way they welcomed previous decisions of United Airlines and U.S. Airways to seek protection against creditors: with resignation.

But this time, it seems new emotions at play, both on the part of airlines and the customers they serve. There was also a sub-current of frustration, anger and fatigue in a process that is almost routine for the airlines industry.

Name-airline bankruptcy fatigue.

“I am satisfied with the airlines are going to and from the insolvency,” said Barry Graham, a software developer, whose headquarters is in Silver Spring, Maryland, travels often.

“On the one hand, I have also used. Bankruptcy is what airlines. But on the other hand, I am angry. I think if my business, as airlines have done, it would be Business today.

How many times airlines are going bankrupt? Since the deregulation of airlines in the USA industry during the year 1978, nearly two thirds of the major airlines have landed in bankruptcy proceedings, at least once, Richard Gritta, professor of finance at the University Portland in Oregon. Three of them - Braniff, Eastern and Pan Am - never born.

“It is quite amazing,” Gritta said. “The only other major industry, has more bankruptcies, on a percentage basis, the restaurant business.”

Airlines are tired of bankruptcy. “In fact, we tired by the record high cost of fuel, a mask profits, we efficiency,” said Jack Evans, a spokesman for the Air Transport Association, a particular group for the airline industry.

If gasoline prices remain where they were in early 2004 - or, better still, in mid-2002 - then, Evans said: “It would be a totally different ball game.”

Passengers may refer to higher prices of fuel bills up to a point. But they are not appropriate statement, Claes Fornell, a professor of economics at the University of Michigan. Fornell is responsible for customer satisfaction American quarterly index to the runway spans consumer sentiment in other airlines and companies. He said he did not expect that the declarations of bankruptcy this week have an impact on the content, but simply because “the numbers are so low that” unlikely that much remains worse.

“Half of airlines bankrupt the industry at this time,” he said. “The airlines have a model obsolete. Now people ask why something will not happen?”

Jackie Earl, runs a travel agency in Springfield, Missouri, said his clients were angry about how the sector of the airline to have themselves run into the ground. And if it is.

“After they observe bankrupt and out of it, too, has not yet been any change in the way they,” said Earl. It warns its customers that could be more Chapter 11 inscriptions. But many travelers are apathetic to the industry and destiny itself, to some extent, on their own.

“Travellers have the feeling that the mass flight of the bankrupt the sky will not be a pleasant experience,” she said. “But expectations are so low that simply happy to REACH.

Low expectations are a sign of bankruptcy fatigue. After the last round of applications, customers seem less willing to give officials the benefit of the doubt.

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