Ahh, finally a thread without bashing. Interesting too.
Once the railways will loose their gov subsidiaries, the LC market should be able to pick up some of their traffic. Do the railway in the UK still get gov money?
There is still plenty of potential growth left, also in Europe, although the UK domestic market looks af if it is close to saturated. However, the regional market is still open to the LC.
My only concern is, that the smaller airports will in time only be served by LC that dosn't offer connnection services. These airports will offer only a few big cities and the very most popular mediterranian beaches.
Although TV is not making money, they really have an advantage: they offer connex services. Once FR or EZY start offering that, other LC should be concerned.
Just a few thoughts
FS