Originally Posted by
MasterOfPuppets
that is a good point. The first one into Bankruptcy could just chum the waters. Everyone else could just go into a frenzy scooping up all of their slots, planes and market share, basically making it impossible to survive.
Hunter didn’t say if one goes we all go but he did say one bad player can bring down the entire industry. How far down will an airline that keeps prices low and floods the market bring everyone else? That length of time and the damage inflicted may leave the others without a choice.
Until domestic and international COVID restrictions are lifted, there really won’t be very much demand. When they do come down there will most likely be a fare war while airlines compete to recover, maintain, or gain market share. Loads may improve, but revenue will lag behind for quite a while. The demand may be there to fill the seats and keep our jobs, but the revenue will be less and making improvements coming out of this will be slow. I’m settling in for another lost decade.