Originally Posted by
Name User
Retirements will just be furloughs from the top.
The LCCs will continue to take market share from the legacies even in good times, and in bad the legacies will get slaughtered.
The data shows this. LCCs are growing significantly faster than the mature legacy market and are taking market share.
I think it's more likely they'll get merged (ala airtran, virgin, america west). At some point the FTC will throw the trustbuster flag and there will be a few odd-men-out who will continue to fill their niche.
But again the LCCs can't serve much of America in a cost-effective manner without a hub-and-spoke model.