Originally Posted by
captnate702
Sounds like the motto for 2018 era ULCC… it’s so simple jack up your ASMs so your CASM drops and we all get rich!
So glad we have jimmy here to school us on how ULCCs can thrive with legacy labor contracts: just fly way more.
It doesn’t matter that ULCCs don’t have 5b credit card agreements or first class international products to supplement the revenue. All ULCCs have to do is increase utilization (aka fly more) and they’ll be fine.
Lot of these guys weren't around in the 2000's, 90's, 80's Nate. The brief Covid scare aside, we haven't seen truly hard times in this industry for 15 years.