This is one of the questions I want to see answered in stimulation not in real life. There is a lot of discretionary flying, but there are place whose connection to the world is plane.
You will also have route cancelations. And there will be social costs along the economical as well. All in all unpleasant situation.
It will be good to have someone that understands airplanes to comment on how severe the issue is and possible remedies.
The media have incentive to drum up the issues with boeing and be a tad sensationalist.
From what I understood it will require disassembly of quite a big chunk of the airplane. So it will be expensive and worse slow.
>There is a lot of discretionary flying, but there are place whose connection to the world is plane.
Are you talking about far away towns in, say, Alaska? Those may not be the kind of planes for which we're discussion scarcity, but alas.
Me and my colleagues were flown for training from Oregon to one of our offices in California, this week. So was the trainer. There's still a lot of room to optimize the need for air travel.
The Galapagos comes to mind. The entire economy is premised upon commercial jets landing there hourly. Puerto Rico, Bahamas, etc.
Even Continental but remote tourism-driven places like Costa Rica.
I think the price response to a shortage of planes would be super-linear, given that those who fly regularly are not representative of the average economic means. Prices would more than double.
It'd be interesting - flight prices go up and people realise they didn't need to fly as much as they thought they did?