They can still run the same business model, they will just have to increase employee compensation (and fares). This is like saying that raising the minimum wag

They can still run the same business model, they will just have to increase employee compensation (and fares). This is like saying that raising the minimum wage will drive McDonald's out of business. At the current prices, sure, but McDonald's will raise prices 10% to compensate (wages are not 100% of the cost of a burger) and keep on trucking.