Augustus me old.. think you need to learn a little bit about what the low cost airline business is all about before you go much further. Hardly, if any comparisions to be made with the likes of those former airlines you mention.The new low cost carriers are a different bird in a different time. And the unquestionable success of EZY, RYR and of course our North American cousins like South West and the new JetBlue has long since validated the business model.