Good business or plain devious underhandedness
Opinions on this scenario please.
Small GA company, previously hard working and standing on its own merits is bought out by an individual who is ambitious and eager to be the shining new kid on the block. gets themselves a silent financial partner and grows slightly by working the business and exploiting an existing but captive market. now said individual decides to get bigger and better and moves in on other companies clients and offers the same service, but cheaper. Far cheaper than can realistically be achieved and remain in business long, but promised all the same. Now this individual has a little inside information to help things along.... given to them by young, eager and keen to impress pilots befriended by them at the pub/parties/meetings, and usually promised a spot when "we get the new twin/jet/turbine/whatever". Said individual receives faxes/phone calls/Ect, containing information on Quotes, costs, time tables Ect, from within his oppositions ranks, and makes their quotes lower, costs lower (by means not quite legal or ethical) and makes it known around the traps that they won't be beaten on price. then said individual sets up in opposition to other long established companies, in a tiny market, that are already working on the bare minimum to turn a profit and cover costs.
Is this good business?, or just plain sneaky, low down, under handed, non ethical aviation stuff?. Competition or market stuffing sneakiness?.
No wonder its hard to earn a wage and have decent equipment and meet all the obligations one is required to in this industry.