Originally Posted by
Normann
There is a whole another income segment down below that. It is 20% of the total in Europe and only 5% in the USA. (I think Ben said that during the call.) There is another 15% to be had, possible even more. SW and AA decided they want some of that. DL and UAL will follow and they will do it while Spirit and Frontier is still small and weak. The longer they wait the harder (more expensive) it will be to fight us or perhaps take over.
I think there's a reason Dal & Ual aren't being as aggressive; they've both been down this road before (Ted, Song) and they know that low price/higher cost doesn't work in the long run. American never really dipped their feet in that pool, they'll learn, or burn through their $10 billion in cash while ****ing off investors... Either way, what they're doing is not sustainable. History has proven that.