Forbes piece on reshaping of the industry...
03-31-2020 | 02:23 PM
#1
Thread Starter
Gets Weekends Off
Joined: Dec 2019
Posts: 131
Likes: 0
From: B-58
Forbes piece on reshaping of the industry...
incognito mode to read...very telling if even half of this comes to fruition.....
https://www.forbes.com/sites/deandon...Q#7b3d8d4167b9
https://www.forbes.com/sites/deandon...Q#7b3d8d4167b9
03-31-2020 | 02:38 PM
#2
Gets Weekends Off
Joined: Mar 2020
Posts: 192
Likes: 0
I find this part funny, considering a lot of the experts on here were calling for F9/NK to fold first......
“These changes will also make low-cost carrier (LCC) models like Spirit and Frontier more attractive. The addressable market will grow for these businesses as the proportion of price sensitive leisure volume increases and the market opportunities for mid-range long-haul expand. In addition, LCC business models are well adapted to make money in narrow bodyoperations with high volume and low yields. So expect profit and growth acceleration out of this group first and rapid share gains taken from the hub and spoke carriers as the recovery takes hold.”
“These changes will also make low-cost carrier (LCC) models like Spirit and Frontier more attractive. The addressable market will grow for these businesses as the proportion of price sensitive leisure volume increases and the market opportunities for mid-range long-haul expand. In addition, LCC business models are well adapted to make money in narrow bodyoperations with high volume and low yields. So expect profit and growth acceleration out of this group first and rapid share gains taken from the hub and spoke carriers as the recovery takes hold.”
03-31-2020 | 02:56 PM
#3
Gets Weekends Off
Joined: Sep 2014
Posts: 1,316
Likes: 0
I find this part funny, considering a lot of the experts on here were calling for F9/NK to fold first......
“These changes will also make low-cost carrier (LCC) models like Spirit and Frontier more attractive. The addressable market will grow for these businesses as the proportion of price sensitive leisure volume increases and the market opportunities for mid-range long-haul expand. In addition, LCC business models are well adapted to make money in narrow bodyoperations with high volume and low yields. So expect profit and growth acceleration out of this group first and rapid share gains taken from the hub and spoke carriers as the recovery takes hold.”
“These changes will also make low-cost carrier (LCC) models like Spirit and Frontier more attractive. The addressable market will grow for these businesses as the proportion of price sensitive leisure volume increases and the market opportunities for mid-range long-haul expand. In addition, LCC business models are well adapted to make money in narrow bodyoperations with high volume and low yields. So expect profit and growth acceleration out of this group first and rapid share gains taken from the hub and spoke carriers as the recovery takes hold.”
03-31-2020 | 03:04 PM
#4
Gets Weekends Off
Joined: Mar 2020
Posts: 192
Likes: 0
04-01-2020 | 03:52 PM
#6
Line Holder
Joined: Apr 2013
Posts: 1,222
Likes: 8
Here’s the thing. I’ve been in the career about a decade. Guess what I see every single winter which is cold and flu season? Packed airplanes. Literally no gave a single F about POSSIBLY getting sick while traveling by airplane.
People traveled like crazy when they could have gotten sick and they will do it again when this is over with.
Your talking about Americans. A society who, by and large, have the most ridiculous shortest attention span of probably any other society on the planet.
This idea that Americans are going to be too scared to ever fly again is ridiculously stupid. 8-12 months from now (assuming we actually have defeated this or close to) will be a distance memory as they get on with their lives.
Im sure some super pessimistic folks will go on and tell me now flawed I am now.
People traveled like crazy when they could have gotten sick and they will do it again when this is over with.
Your talking about Americans. A society who, by and large, have the most ridiculous shortest attention span of probably any other society on the planet.
This idea that Americans are going to be too scared to ever fly again is ridiculously stupid. 8-12 months from now (assuming we actually have defeated this or close to) will be a distance memory as they get on with their lives.
Im sure some super pessimistic folks will go on and tell me now flawed I am now.
04-01-2020 | 04:07 PM
#8
Gets Weekends Off
Joined: Oct 2008
Posts: 553
Likes: 0
they’d argue those programs with the lounges and all that are expensive and if they forgo it they can offer a more competitive fare. If business travel declines or the businesses want to be more frugal it’ll be a paradigm shift in the industry.
04-01-2020 | 04:29 PM
#9
Gets Weekends Off
Joined: Mar 2020
Posts: 192
Likes: 0
Let me ask you this....:what store is open right now and making money?, Walmart/Target or Nordstrom?
04-01-2020 | 05:06 PM
#10
Gets Weekends Off
Joined: May 2016
Posts: 343
Likes: 0
Here’s the thing. I’ve been in the career about a decade. Guess what I see every single winter which is cold and flu season? Packed airplanes. Literally no gave a single F about POSSIBLY getting sick while traveling by airplane.
People traveled like crazy when they could have gotten sick and they will do it again when this is over with.
Your talking about Americans. A society who, by and large, have the most ridiculous shortest attention span of probably any other society on the planet.
This idea that Americans are going to be too scared to ever fly again is ridiculously stupid. 8-12 months from now (assuming we actually have defeated this or close to) will be a distance memory as they get on with their lives.
Im sure some super pessimistic folks will go on and tell me now flawed I am now.
People traveled like crazy when they could have gotten sick and they will do it again when this is over with.
Your talking about Americans. A society who, by and large, have the most ridiculous shortest attention span of probably any other society on the planet.
This idea that Americans are going to be too scared to ever fly again is ridiculously stupid. 8-12 months from now (assuming we actually have defeated this or close to) will be a distance memory as they get on with their lives.
Im sure some super pessimistic folks will go on and tell me now flawed I am now.
Thread
Thread Starter
Forum
Replies
Last Post
