Originally Posted by
APCHCLIMB
Their response will be “Just wait until the next recession! Customers will be all over us for our low prices!”
Or
“We have the most fuel efficient fleet, we need higher gas prices to snuff out the legacies!”
Some weird black swan event to lift them up by the boot straps
To be fair this used to be the case up until legacies figured out becoming banks allowed them to run an unprofitable operation. Their entire domestic network is essentially a loss leader now. DOJ thinks they’re enforcing antitrust when they’re really just further entrenching the 3 way oligopoly that they allowed to develop over the past 20 years.