LCC failing?
#11
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Posts: 456
#12
Both of which - like United - subsequently went Chapter 11 with substantial effects on previously negotiated contractual pilot pay, pensions, benefits, and regional scope.
Do you enjoy displaying your naïveté on a public board? Doing that would embarrass me.
Do you enjoy displaying your naïveté on a public board? Doing that would embarrass me.
#13
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Posts: 738
Braniff 3 shut down while he was taking his check ride....
"Congrats, you passed....oh by the way we're all done, hope our stuff is still in the hotel room."
#15
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Position: guppy CA
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This subject is a bit tender for those of us who went through United's near death experience, and I'm sure that those who were at CAL in the late 80s feel the same way.
Norwegian is in deep trouble along with WOW Air because year round TATL (trans Atlantic) LCC models don't work. This has been proved time and again since Freddie Laker first tried it and I'm always amazed that no one's learned their lesson on this matter.
Why doesn't it work? Because there are only ~3 months a year that the flip flop and backpack crowd (that LCCs cater to) want to fly to and from Europe. The other 9 months a year, TATL LCCs have to run sales that are well below their breakeven cost just to fly half full aircraft.
Norwegian is in deep trouble along with WOW Air because year round TATL (trans Atlantic) LCC models don't work. This has been proved time and again since Freddie Laker first tried it and I'm always amazed that no one's learned their lesson on this matter.
Why doesn't it work? Because there are only ~3 months a year that the flip flop and backpack crowd (that LCCs cater to) want to fly to and from Europe. The other 9 months a year, TATL LCCs have to run sales that are well below their breakeven cost just to fly half full aircraft.
#16
As cliche as this sounds, the legacies have turned a corner due to consolidation. There are now only three. Previously there were almost a dozen with irrational, piece-meal networks and no pricing power.
I tend to believe the consensus amongst analysts. Even another 911 would have a smaller impact.
I tend to believe the consensus amongst analysts. Even another 911 would have a smaller impact.
#17
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Joined APC: Nov 2009
Posts: 5,187
Uh....
Pan American World Airways
Braniff
TransWorldAirlines
Northwest Airlines
Hate to break this to you, but airlines go out of business all the time, and into bankruptcy even more often.
https://en.m.wikipedia.org/wiki/List..._United_States
https://en.m.wikipedia.org/wiki/List..._United_States
Pan American World Airways
Braniff
TransWorldAirlines
Northwest Airlines
Hate to break this to you, but airlines go out of business all the time, and into bankruptcy even more often.
https://en.m.wikipedia.org/wiki/List..._United_States
https://en.m.wikipedia.org/wiki/List..._United_States
#18
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Joined APC: Feb 2008
Posts: 19,259
As cliche as this sounds, the legacies have turned a corner due to consolidation. There are now only three. Previously there were almost a dozen with irrational, piece-meal networks and no pricing power.
I tend to believe the consensus amongst analysts. Even another 911 would have a smaller impact.
I tend to believe the consensus amongst analysts. Even another 911 would have a smaller impact.
#19
911 was not the main issue back then. Airline yields crashed 4 months before 911. It was a economic event. 911 in fact gave airlines a opportunity to plead poverty due to terrorism and get bailouts when 90% of it was a economic issue. The spring of 2001 saw a drop in yields never before seen.
#20
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Joined APC: Aug 2015
Position: Captain
Posts: 1,559
You are not smart at all aren’t you
How did you became if you are an airline pilot
Those two airlines (NWA and TWA ) did not fail, as you wrote above , they merged
But again “we can’t teach stupid can we “,,,
Don’t post or paste it makes you look stupid and not at all knowledgeable about Aviation
Adios dufus
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