What next,
www.fly-now-hop-bear-freedom-ciao.com?
AS MOL recently stated, that there are too many "Low cost" flooding the European market and making losses that will not allow these new airlines to survive.
As the interest rate rises and the 'plastic pushers' find that they cannot meet their monthly debt, the one area to cut back on for them is lo-co air travel.
Flying has become too easy (Pardon the pun). Plastic cards account for 96% of MOL's business.
When the Lo-Co bubble bursts, as it surely will, there will be a major re-adjustment. subsidies from regional authorities and airports will not allow airlines to exist, they need good yields.
I have no idea about Now's plans, but they need a lot of money and should not aim to make a profit for at least 3 years.
That aside, I want to be on their inaugural flight and sincerely wish all their staff, every hope that their career path will bear the fruits of their endeavours.
Anyway, my local Lo-co was cheap, now it is inexpensive, two completely different things.