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Airline is a classic case of an industry that has too much competition. All these airlines cause inefficient routing, and they're continuously forced to cut pri
by xux 10y ago
Airline is a classic case of an industry that has too much competition. All these airlines cause inefficient routing, and they're continuously forced to cut prices to compete. This results in bad margins and bad service. Literally no body wins.
Uber / Lyft could be profitable as duopolies though. As in the case of Pepsi and Coke, both can happily carve out their niche and don't rock the boat too much.
- LordHumungous 10y agoExcept for consumers who can fly around the world for insanely low prices.