American Airlines Files For Bankruptcy

American Airlines Files For Bankruptcy

Texas

American Airlines has filed for bankruptcy after losing billions of dollars in the last 14 out of 16 quarters.

It was one of the stronger airlines. Continental, Delta, Northwest, and US Airways have already been through bankruptcy proceedings.

In 2006, the average price of jet fuel was $1.92 per gallon. In 2011, the average price of jet fuel is around $3.00 per gallon. The last space shuttle was launched by NASA earlier this summer.

The long anticipated collapse of commercial air travel – to be followed by the collapse of the supermarket and big box retail store – is another milestone on the road to the zero sum world of The Muse of Hate.

Note: After an extended vacation, The Muse of Hate will be back soon discuss recent events like the American Airlines bankruptcy, the collapse of Jefferson County, the bankruptcy of Harrisburg, the failure of the “Super Committee,” the Democrats abandoning the White working class, Occupy Wall Street, and slow motion collapse of the European Union.


About Hunter Wallace 9310 Articles
Founder and Editor-in-Chief of Occidental Dissent

14 Comments

  1. “The TSA has been a huge factor in the collapse of air travel.”

    Yeppers.

    Air travel was patronized, to very large extent, by SWPLs. And TSA is staffed, to a very large extent, as are most government agencies, by blacks, particularly black females, who, natch, saw an opportunity as petty bureaucrats to exercise their power to squeeze Whitey’s **** and grabbed on tight.

    SWPLs/DWLs discovered they don’t LIKE getting their **** squeezed by big, loudmouthed, arrogant black females. So now they’ve stopped flying.

  2. You used to be able to smoke cigarettes on planes, too. And they had huge seats, and meals with real utensils that were very good. Nobody felt you up. If anything went wrong, like a missed connection due to their oversight, they bent over backward, b/c the customer was always right. People dressed up. From what have been told of it, it was very pleasant, even in coach.

  3. Dixiegirl:

    It really was like that. I started flying as a kid, in 1976 or 1977, to visit relatives. Even then, people still got dressed up to fly. The seats were bigger. The service was much better. Once the airline overbooked the flight, and they asked for volunteers willing to take the next flight. The volunteers got First Class seats on the next flight, plus a free round-trip ticket to anywhere the airline flew.

    I’m willing to trade bigger seats and better service for lower fares, and the freebees people used to get did seem kind of excessive, but it is kind of sad to see that people no longer get dressed up to fly. There was more decorum in those days. Also, the whole frequent flyer thing just seems like such bullshit, an enormously complicated system that is basically designed to scam you into believing that you are getting something for nothing. It just seems undignified and dishonest, if you want to charge me more for Business Class go ahead and charge more, I’ll either pay the more expensive rate or I won’t. Don’t set up this labyrinthine system of “AAA Gold Executive Elite Plus” memberships, I want to fly, not get hustled.

  4. “From what have been told of it, it was very pleasant, even in coach.”

    Denise- lol. You make me feel VERY old, for I remember looking FORWARD to meals on the airline, and remembering when seats in planes in coach, were roughly the seat size of first class- it was just the arm rests were smaller. Nowadays, I can barely fit in a coach seat (of course I am ‘wider’ now than then but that’s another story… haven’t they shown that people are now taller AND larger than fifty years ago? you think they would accomodate seats to bigger Americans. lol

  5. “I like the TV show “Pam Am,” for the most part. Looks like the glory days of air travel.”

    That show has depicted white women fucking niggers.

  6. I started flying TWA back in the mid-sixties. As a military guy, I could show up without reservations at the airport at any time, show my military ID (though often the agents never bothered to ask for it), and fly stand-by for half price. Almost always I was seated on the next scheduled departure , often in first class. Never once was I was unable to make it back home to Kansas City from New York during holiday seasons.

    Upon my arrival, my family could greet me at gate, and when I had to go back to the academy, they could wait with me at the gate and chat until the last minute and hug me just before I boarded.

    Flying was fun, even elegant. The seats in all cabins were roomy, clean, and comfortable. The stewardesses were young, trim, pretty, courteous, personable, talkative (at times to a fault), and efficient. I remember being served tasty meals and being offered seconds, plus extra snacks to take with me when deplaning.

    At the Kansas City airport I remember men of all ages from the farms and ranches, attired in levis and western shirts – clean and well-groomed – boarding with their hand guns and rifles in leather cases and placing them in the overhead bins. No one batted an eyelash.

    And yes, smoking was permitted in certain sections. But frankly, even as a non-smoker, I did not mind. Unlike nowadays, it really was possible to sit back, relax, and enjoy the flight.

    An old codger’s nostalgia.

  7. I work in an energy related field. I keep track of the domestic energy markets for my employer. The energy outlook, in spite of conventional wisdom, is actually pretty bright. We are not headed for Mad Max land (at least due to running out of energy that gets pulled out of the ground).

    There is no shortage of oil. Consumption has flat-lined and production is up. A few years ago, the United States had to import refined fuel from the Caribbean and Europe (with so many cars running on diesel in Europe, they have a surplus of gasoline). Now, the United States is a net exporter of refined fuel for the first time in 60+ years.

    The technology to turn natural gas (the United States has the 2nd largest shale gas reserve in the world) into gasoline, jet fuel, and diesel has improved to the point where you can make the products for the equivalent of $60 per barrel or less (some of claimed as low as $20 a barrel.. but I am dubious of those claims). Thanks to shale and new deep well, we have a surplus of natural gas liquids (i.e. ethane). The chemical industry has been retooling to make use of these liquids instead of crude.
    Some of these technologies are being scaled down enough to be put on oil platforms. Currently, these platforms burn off the natural gas since their is no easy way to transport it. This wasted gas equals about 23% of all the natural gas consumed in the USA.

    2/3 rds of the oil reserves are tied up in heavy crude, bitumen / tar sands. The technology exists now to get it out of the ground (without tearing up environment), convert it to medium to light crude (can be shipped by pipeline), and do it without having to burn any natural gas (past processes required this).

    So what is driving the price of oil? The debasing of the world’s fiat money system. Its going to get worse as Bernake just started what looks like QE3. People are converting dollars, yen, euros into hard assets like silver, gold, and oil. That oil is sitting in tankers, tank farms, or still in the ground (but under contract).

Comments are closed.