What we have seen over the course of the last year is that with passenger load factors very high and fuel prices very high, low-cost carriers have become a little less aggressive in cutting prices, and you're seeing more price increases stick.
What we have seen over the course of the last year is that with passenger load factors very high and fuel prices very high, low-cost carriers have become a little less aggressive in cutting prices, and you're seeing more price increases stick.
Other airlines have found they've grown faster than they could successfully manage. When you add that much capacity, you have a lot of risk during market downturns. You can't stop paying bills for new airplanes just because passengers don't show up.
© 2020 Inspirational Stories
© 2020 Inspirational Stories