Imagine having management with vision:
“We are built to operate 800 airplanes,” he explained. “If you cut the activity in half and operate just 400 airplanes you have just generated a significant increase in our cost per seat. That’s why it’s hard to shrink yourself to prosperity in this business. Shrinking drives your (unit) costs up, making it even harder to cover your costs and earn a profit. So, if we can increase our cost advantage by increasing our number of miles flown, why wouldn’t we?”
https://www.forbes.com/sites/danielr...-airlines/amp/
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