This one is pretty self explanatory. The arilines continue to lose money hand over fist. They are driving customers away by the the thousands by taking away basic privelages like blankets and checked baggage that have been around since the beginning of the airline industry. Coupled with the high fuel prices the airlines are dealing with we have essentially entered an era where air travel is a mid-priced luxury good. The best thing that could come out of this is the forced restructuring of how the airlines do business.