The end of cheap air travel?

There has been a lot of news recently about the woes of the US airline industry. With the skyrocketing prices of fuel, airlines are starting to feel the pain – in a major way. My good friend Will Betz talks about some of the potential doomsday scenarios. If this trend continues, we could see some major impact on global tourism. Tourism in Canada would be heavily impacted as well, since we rely mainly on air travel for our international arrivals.