I don’t see how this reasoning follows. The business model is pretty clear - shave everything to the bone and make your profit on volume. It’s like Aldi or wal-

I don’t see how this reasoning follows. The business model is pretty clear - shave everything to the bone and make your profit on volume. It’s like Aldi or wal-mart for air travel. If they had high margins they’d just get their lunch eaten by someone offering better service at the same price (with lower margins). It’s certainly not incompatible with greed. Edit: reread your last pp and obviously this isn’t news to you. I just don’t share the greed = margins expectation.