Return to the 1970s?

Whatever way you look at it, we are heading for a situation in aviation that will resemble the 1970s fuel crisis. Only this time the global fleet and with it the level of competition in the airline market is some ten times larger than the 1970s. That is all well and good since the number of air passengers has risen tenfold (at least), but factor in the pandemic, high inflation, and with it a truly intense and massive increase in prices for food and all commodities across the board, and you have a toxic mix. The factor in the giant