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Old 8th December 2011 | 12:22
  #24 (permalink)  
RevMan2
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Joined: Jan 2002
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They're only sustainable if the demand for unrestricted fares in Y and C holds up.
That's applying rational economic theory, of course, but as soon as you have irrationality (a carrier under Chapter 11 protection with a vital interest in cash-flow and bugger the debt levels, any state-owned carrier, any state-subsidised airline) then they set the market price and you'll have to have pretty good USP to compete at higher fare levels.
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