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To your second point, I think that there is a good track record of low cost airlines doing well in down economies..We really haven't seen a down economy yet. Covid was different. We might start to see a real slow down in the near future. Then we will see what's what. All the airlines are now adjusting down their forecast profits.
Yeah, ULCCs do better, this is true. But ULCCs would do even better if our CS/ops wasnt so poor that it drives people away in said economy. You can only "keep reducing costs" so much. They also do it in the wrong areas. If getting Lido meant reducing costs, I would hope the money went towards better CS and gate agents that they were saving money on prior. I know it didnt though.Originally Posted by Aero1900
haha yes, we are now doubling down on costs. Not sure what and m we've been doing for the past 10 years?To your second point, I think that there is a good track record of low cost airlines doing well in down economies..We really haven't seen a down economy yet. Covid was different. We might start to see a real slow down in the near future. Then we will see what's what. All the airlines are now adjusting down their forecast profits.