4 ms·
> The success of the model is now creeping in to medium/long haul routes I'm an old enough fogey to remember the launch of Laker SkyTrain back in the early 198
by dingaling 10y ago
> The success of the model is now creeping in to medium/long haul routes
I'm an old enough fogey to remember the launch of Laker SkyTrain back in the early 1980s that brought unbelievably low fares to the trans-Atlantic market, compared to the big airlines participating in the IATA 'tariff agreement' cartel. But Laker also discarded all the ticketing restrictions, you just bought your one-way fares and any extras you wanted.
It was those airlines, such as TWA and BA, that ran SkyTrain into the ground by pricing in response with fares that were uneconomical for them; Laker held-on for several years but eventually went bust,and fares returned to 'normal'.
So it's with great satisfaction to me that 30 years later the heirs of those airlines are scared of the modern-day Lakers.