Saturday, July 05, 2008
Falling out of the sky
I come from an airline family, UAL to be specific. This goes back to my maternal grandfather who worked for UAL in the early days of its life. I have a sister who works for them now. It's scary to think I may be about to witness the end of an industry. However, as noted in this article the impact of fuel prices spiraling ever higher will make that a real probability. The fallout will be felt by the aircraft manufacturers. Boeing is headquartered here in Chicago, and while I don't know how many jobs are involved, I imagine any downsizing as revenues shrink will be keenly felt.