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Wouldn't the failure of competitors and decrease in available flights result in the opposite? The surviving economy airlines will have more demand, higher pric
by Ahwleung 7y ago
Wouldn't the failure of competitors and decrease in available flights result in the opposite? The surviving economy airlines will have more demand, higher prices, and will do better as a result?
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- glofish 7y agoIn an optimally functioning world yeah - in an artificial world, where all of them lose money and are propped up artificially, one failure will lead to the rest of them perhaps losing a little less money ... or it could be that travel drops - fewer flights overall may mean fewer passengers for all of them - most flying is purely leisure