So what about Iberia (and BA) with Iberia Express and Vueling? What about Lufthansa with Germanwings?
IMO, and that is sad, if we look at the medium haul market, there are not anymore 2 parallel markets which once used to be the legacy model and the LCC model. Today, that's over, the only strong model is the LCC while the legacy model is dying very quickly.
And don't tell me that LCC model is only for poor passengers going to a camping somewhere for their holidays. The LCC, nowdays. offer the SAME service as LH, BA, KLM in economy class, and they do offer a correct service for business passengers. Look at Vueling, for example, they offer a premium service with fast track airport security, priority boarding, mileage, a comfy seat with nobody on the middle seat, free baggages, they offer newspapers and food, they offer flights flexibility and free rebooking. And so do easyJet. Ryanair is now going the exact same way and they now want to attract those business passengers.
What do AF, AZ, BA, LH do with their business passengers? Priority boarding, free baggage, free news papers, nobody seated on the middle seat, ugly adjusting curtains to ridiculously split the cabin into 2 parts, booking flexibility, the same !!, but they will sell a Rome to Paris at 900 euros when Vueling or easyJet will sell it for 170 euros (all extra services included).
This industry will only get worse and worse and you guys are on the same boat.