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I really hope this is the case, though it will do a number on airline industry economics and really drive up the cost of personal travel.
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It seems highly likely that business travel never bounces back after this, once everyone realizes there's no productivity loss from doing video conferencing instead. #degrowth shock doctrine
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Airline fleet stocks take a while to churn through (like 30y I think, somewhere between cars at 10y and buildings at 70) so big windup problem before planes can be redesigned around new patterns of travel. We’re gonna see a lot of bankruptcies along the way.
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But this is a bridge we have to come to and cross at some point for climate reasons. For personal life aesthetic reasons, I’d really like to see ships and trains make a comeback, as well as longer duration seasonal travel. Reduce speed of travel and increase time at destination
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