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Warning: 30 airlines will go bust this year: independent.co.uk
Up to 30 more airlines will go bankrupt before Christmas, the chief executive of British Airways warned yesterday, as the biggest rescue of stranded passengers in travel industry history began.
Willie Walsh said the scenes of chaos in which 85,000 passengers have been stranded at locations around the world after the collapse of XL, Britain's third largest holiday company, would become a familiar sight as the travel industry struggled with soaring fuel costs and the effects of a global economic downturn.
"We are in the worst trading environment the industry has ever seen", said Mr Walsh. "We have already seen 30 or so airlines go bust this year and it would be fair to expect a similar number of casualties worldwide over the next three to four months."
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re: "scenes of chaos...would become a familiar sight"
Fliers in for pain was the title of an article posted about ten weeks ago, warning of the drastic changes that the airline industry is to undergo and the ensuing hardship that would accompany that. That pain is about to be felt people. Few people understand how the takedown of the airline industry fits into the overall scheme of the globalist agenda. Airline travel, i.e freedom of movement for the 'average Joe', will not be 'sustainable' in the new world order of the globally managed community system. In other words, the world-citizen's ability to come and go as he/she pleases in the 666 micromanaged future will be terminated. Absolute control cannot be maintained otherwise. As difficult as it may be to believe, the 'common people' will not be allowed to move about freely in the rapidly rising globally-governed world system, hence the now accelerating deconstruction of the airline industry.
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Proverbs 29:25 The fear of man bringeth a snare: but whoso putteth his trust in the LORD shall be safe.
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