Southwest Airlines posted their first ever quarter loss this week. They are the business model for all low cost airlines. The future is going to be BUMPY!
Let us see the resilience of the business traveller. If passengers drop at London city, the entire market will be hammered on yields.
I bet you can charter a biz jet for significantly less that you could a few months ago? That market is certainly going to be challenged as currently it appears somewhat saturated? Buy a biz jet or send your executives pleb class?
Airlines can change airports to get discounts, but can thay find any passengers to fill their planes?