Originally Posted by
nuball5
Like you said, during the historically bad times the LCC’s grew while the Legacies shrank. This is a new crisis and potentially much worse, but some of the common elements remain the same.
I have no idea what’ll happen, but I can probably guess if that you work for a Legacy, you’re probably biased towards the Legacies coming out in better shape....and the same if you work for a LCC/ULCC.
The LCC's used to have a SIGNIFICANT labor cost advantage that luckily over the last decade has been mostly leveled due to the competitive job market.