Railgun - my point is that there is more to going low-cost than merely lowering fares, flying with minimum crew and providing all snacks/drinks for sale. Any airline can lower its
fares (at least in the short term), but actually lowering operating
costs (and keeping them low) takes a lot more effort. The low-cost model works provided it is not tampered with; in other words, it is not a very flexible business model if it is to be successful.
That said, GB are probably better placed than BA Connect to pratice low cost; one thing going for them is that their fleet is better adapted - but flying longer sectors like TFS (meaning they won't be able to use their aircraft on 4 to 6 sectors each day like LCCs do) and having crew nightstop downroute may well make their fares higher than the competition. Good luck to them though.
Cheers
