Anonymous wrote:http://www.investors.com/breakingnews.asp?journalid=22953181&brk=1
Draw your own conclusions as to why this is so.
goldfishbowl42 wrote:Airline Industries will be the first victims of peak oil.
It is rediculously fuel costly to carry a person by plane. Plus the Airlines
goldfishbowl42 wrote:PS, could someone explain short-selling to me. It sounds like people betting against a company doing well. How would that work ??!!
I think I've read that for long-distance travel (e.g. coast-to-coast in the US), with the plane full, plane travel is as fuel-economical as train or car. Flying between San Diego and Los Angeles, for example, a hundred miles or so, is very inefficient. The plane barely gets in the air before it comes back down. But for long-distance, I think it's pretty fuel efficient.
goldfishbowl42 wrote:This is the Amount of energy used by different forms of transport in kilojoules, to move 1 tonne over 1 kilometer.
Rail - 677
Sea - 423
Road - 2,890
Air - 15,839
It Ilustrates why we need to maintain and look after our rail networks across the western world.
But wait! There's More!Onboard gambling may lead to free flights on Ryanair (link)
By Michael Harrison, Business Editor - The Independent (Online Edition)
Published: 03 November 2005
Passengers on Ryanair could one day fly for free if revenues from onboard gambling and other services end the need for it to charge fares, the chief executive of the airline has predicted.
Mr O'Leary lashed out at those who criticised Ryanair's flight give-aways for fuelling the rise in aircraft carbon emissions.
He said: "We want to annoy the f****** whenever we can. The best thing we can do with environmentalists is shoot them. These headbangers want to make air travel the preserve of the rich. They are Luddites marching us back to the 18th century."
Wildwell wrote:Most people think this story is a joke, but on further examination it turns out to be true.
Wildwell wrote:Overall aviation is a whisker from getting aviation tax added to curb cheap flights, and O’Leary is doing nothing but making the situation worse with his irrational business plan.
turkishguy wrote:Ok, so I looked at some airlines with this option; Istanbul airport to Japan Narita airport.
A return ticket; cheapest price $3200! That is three grand and 2 hundred US dollars.
I really don't like this peak oil thing. I hope everything will be like normal.
Now I can't visit any of my friends around the world.
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