Bound to happen...and expect more to come.
The continued rise in fuel prices will take its toll on the low cost model airline...and quite frankly I think this might be a golden opportunity, for airlines to pass from the weak to stronger hands.
In addition, it will get rid of the marginal operator and also provide another rather favourable outcome...low cost tickets go away, the great un-washed masses (some of which haven't seen a bar of soap in the last three weeks)can't afford to fly, making it so much better for those who can...this is called, enhanced revenue generation.
The bottom line will smile once again...for the survivors.
For the rest?
Down the tube.
Goodbye.
Think I'm cold and heartless?
Yep...however, these are the facts, like it or not.
Oh...boo hoo.