The market is as big as the demand. Artificial inflation is a poor long-term strategy. It is far better to expand jobs organically by working in a safe, efficient industry providing the product people want at the right price.
Yes, that's all very well, but the low cost airline expansion over the last 17 years hasn't followed your business model.
Then it will fail, or at least lose money (not always the same thing in aviation, I grant you). The business plan I stated was a restating of a core principle of capitalism. However I believe the LoCos are doing rather well, so suspect they have grown organically.
Or were you denying that LoCos are safe? Not what I would call part of any business model, in that safety is an underlying assumption and regulatory requirement. However even there I think you would struggle to justify your assertion, something I see you do not attempt.