Understanding what is happening to the LCCs:
07-29-2024 | 01:03 PM
#1
Thread Starter
Banned
Joined: Apr 2017
Posts: 4,208
Likes: 7
Understanding what is happening to the LCCs:
An excellent explanation using hard stats and figures explaining what is happening to the low cost carrier market in the US from the "Moden MBA" YouTube Channel:
https://www.youtube.com/watch?v=rslcr774JXM
https://www.youtube.com/watch?v=rslcr774JXM
07-29-2024 | 03:17 PM
#2
Gets Weekends Off
Joined: Mar 2021
Posts: 2,847
Likes: 212
An excellent explanation using hard stats and figures explaining what is happening to the low cost carrier market in the US from the "Moden MBA" YouTube Channel:
https://www.youtube.com/watch?v=rslcr774JXM
https://www.youtube.com/watch?v=rslcr774JXM
filler filler
07-29-2024 | 05:45 PM
#3
Banned
Joined: Jul 2019
Posts: 507
Likes: 0
lowest paid pilot groups. No profit sharing. Worst employee benefits. They don’t own anything. They make money on lease backs. Everyone is a contractor. They do everything cheap cheap cheap. One fleet airplane. High turnover keeping wages low.
The fact that they can’t make money really is bewildering. Only an MBA could explain it. (Sarcasm).
The fact that they can’t make money really is bewildering. Only an MBA could explain it. (Sarcasm).
07-29-2024 | 06:19 PM
#4
Gets Weekends Off
Joined: Mar 2011
Posts: 3,476
Likes: 289
From: 737 FO
lowest paid pilot groups. No profit sharing. Worst employee benefits. They don’t own anything. They make money on lease backs. Everyone is a contractor. They do everything cheap cheap cheap. One fleet airplane. High turnover keeping wages low.
The fact that they can’t make money really is bewildering. Only an MBA could explain it. (Sarcasm).
The fact that they can’t make money really is bewildering. Only an MBA could explain it. (Sarcasm).
07-29-2024 | 06:39 PM
#5
Banned
Joined: Jul 2019
Posts: 507
Likes: 0
Uhh, you do realize that Southwest is one of the airlines the video discusses in depth? Also the LCCs (especially Spirit) had some of the best QOL in the industry for quite some time until recently. Pilot turnover wasn't really all that bad until the last hiring boom. Almost none of what you say is true other than single fleet.
07-29-2024 | 07:33 PM
#6
Gets Weekends Off
Joined: Mar 2011
Posts: 3,476
Likes: 289
From: 737 FO
07-29-2024 | 07:52 PM
#7
Banned
Joined: Jul 2019
Posts: 507
Likes: 0
07-30-2024 | 06:37 AM
#8
Prime Minister/Moderator
Joined: Jan 2006
Posts: 45,104
Likes: 791
From: Engines Turn or People Swim
Just talking out of my butt, I'd guess the ULCC problems are due in large part to the legacies adopting basic economy, super saver, etc fares to compete with ULCC. I'm sure the ULCC managers gooned some stuff up too, that's pretty par for the course for almost all airline managers.
Even SWA (not a ULCC) is moving to a more legacy-ish paradigm (assigned seats).
Even SWA (not a ULCC) is moving to a more legacy-ish paradigm (assigned seats).
07-30-2024 | 11:54 AM
#9
Gets Weekends Off
Joined: Mar 2017
Posts: 4,171
Likes: 151
Just talking out of my butt, I'd guess the ULCC problems are due in large part to the legacies adopting basic economy, super saver, etc fares to compete with ULCC. I'm sure the ULCC managers gooned some stuff up too, that's pretty par for the course for almost all airline managers.
Even SWA (not a ULCC) is moving to a more legacy-ish paradigm (assigned seats).
Even SWA (not a ULCC) is moving to a more legacy-ish paradigm (assigned seats).
07-30-2024 | 01:01 PM
#10
Line Holder
Joined: Mar 2011
Posts: 748
Likes: 28
This is precisely what has caused their problems. Why would a customer book on NK when AA has the same-price ticket in the back of their plane, except also a much more robust network, especially when something goes south? It was only a matter of time before everyone caught on to the game and started competing directly against the ULCC.
Thread
Thread Starter
Forum
Replies
Last Post
Nightflight
Hangar Talk
6
05-08-2006 07:48 AM
