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Well, now that I got that whole credit crisis thing off my chest, I suppose I should blog about something travel related. It’s obviously been a big week in everyone’s world, including aviation. Oil prices have been dropping like a rock, but that may not be a magic elixir for airlines’ bottom lines as the financial crisis is going to lead to less demand for travel. However, it looks like airlines are being very disciplined about racheting down capacity in response to reduced demand. Capacity is coming out of the market pretty fast which should help hold fares at a level where airlines might just shock us and turn profits or at least not lose as much money as we move into 2009. What a shock to the system that will be.