Originally Posted by SnowmanKiller

My pet theory is is the network carriers will eventually die or shrink. Their revenue model is dependent on business/international travelers paying a premium to support the costs of the legacy carriers. That kind of travel depends on ideal circumstances - economy good, no pandemics, wars, recessions etc. Pan Am was looking like it would survive, then the OPEC crisis, Lockerbie Bombing, and the 1st Gulf War all back to back did it in for good. Just because it looks like Covid is subsiding doesn't mean there can't be a recession followed by a war or something. Legacies were barely profitable when times were good, and will be insolvent if times stay bad/get worse.

So besides convincing someone to fly little jets for pennies, I think regionals will also struggle as their "parents" experience problems in the future.