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Old 22nd Feb 2008, 13:16
  #107 (permalink)  
Hand Solo
 
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Originally Posted by Vino Collapso
But take a look at history in the UK. British Leyland (if you are old enough), the Miners strike, numerous postal workers disputes the list is endless. What happened to them? No one could be bothered buying British Leyland anymore and they went bust. The mines were closed and miners laid off. Post Offices remain under threat and are being closed down.
Leyland went bust because their products were rubbish and they didn't turn a profit.
The mines were closed because foreign coal was cheaper and there was little product differentiation.
Post Offices being closed has nothing to do with postal strikes and everything to do with the increase in internet use and the decline in over the counter banking and benefit receipt.

Those aren't very good examples when dealing with a highly profitable, highly differentiated airline.
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