Earlier quoted context omitted.
This is one of the questions I want to see answered in stimulation not in real life. There is a lot of discretionary flying, but there are place whose connection to the world is plane. You will also have route cancelations. And there will be social costs along the economical as well. All in all unpleasant situation. It will be good to have someone that understands airplanes to comment on how severe the issue is and p…
>There is a lot of discretionary flying, but there are place whose connection to the world is plane. Are you talking about far away towns in, say, Alaska? Those may not be the kind of planes for which we're discussion scarcity, but alas. Me and my colleagues were flown for training from Oregon to one of our offices in California, this week. So was the trainer. There's still a lot of room to optimize the need for air…
I think the price response to a shortage of planes would be super-linear, given that those who fly regularly are not representative of the average economic means. Prices would more than double.