Originally Posted by
GS-Alpha
I would not be at all concerned about being at the bottom of the BA MSL in the current environment. Yes, fuel rationing may become a thing if this insanity continues, but I believe our main premium customer-base doesn’t care about another 10 or 20% on ticket prices. Nor do they care much about recessions. They do not want to be ripped off, but as long as all airlines are increasing ticket prices, I am confident we will retain our huge number of premium leisure customers.
I think this is a wildly optimistic take. Of course the worst case scenario may not materialise but there’s a good enough chance that I would be very nervous about changing company any time soon.