How Much Growth Is Left In The Airline Industry?
Each week we seem to be hearing about new and exciting places to visit, backed up by flights from the thousands of airport around the world. However, there are many who are now starting to question how much growth is left in the airline industry and how many more places can we visit in the world. So are the skies near full capacity or is there still life in the industry?
While we may hear stories about how crowded our skies are and how many planes are flying to and from the worlds major airports, we are no where near full capacity as far as places to visit. The main problem for the airline industry is airport capacity rather than space in the skies. When we see the new terminal at Heathrow finally going through after more that 10 years of fighting and campaigning, it just shows how difficult it can be to plan ahead and how much of a risk this entails.
That said, we do need to see the creation of more large scale airports and whether these will need to be well out of the way of big cities remains to be seen. The further towards the city you go the less land available and the further away you go the more problems there are with the environmentalists. Life in the airline industry can be very challenging to say the least!
But for anyone to suggest the industry has reached anywhere near capacity is just wrong, and while there are issues as to the location of new airports these concerns will be overcome at some stage in the future. While we as travellers may think we have it hard waiting for delayed flights, etc, you try planning your investments over 10 years in advance. Just consider how much can happen in 1 year never mind 10 years!