Nightfire
"the end of "low-cost" flying altogether"?
1) it's normal in a capitalist economy that not all players survive.
2) due to higher load factors, the loco's have lower fuel cost/pax.
3) history shows that vfr / vacation travel is very recession resistant.
4) folks have very short memories, or are just too young to know that....
5) when the worst is over, the fittest will have survived, loco's included.
6) on short-haul, the real low COSTs will always beat the dinosaur carriers.