Originally Posted by
JamesBond
And what's sad is that you can't see how the industry has changed. This isn't your father's airline industry anymore. Investment grade ratings and sustainable profits with good industrial margins. But let's keep thinking of it in the same old way and we will continue to wonder why we just lost both rooks. We can do better than restoration if we just open our eyes.
There has been no revolutionary change in the airline model.
We will know its revolutionary when Scotty can beam you from Atl to Pvg.
All we have thats different is merged airlines exercising capacity discipline to control ticket prices vs seats. They are profitable, wildly, because they choose to be.
Do you know what scares the crap out of a GM engineer? Tesla.
The regional model is far from dead. Its just getting squeezed. Just as GMs model is far from dead.