Originally Posted by
Heathrow Harry
Wow! Investors want decent returns!!! Shock Horror.......... I'm amazed anyone invests in the airlines - they are about par with Football teams and luxury yachts as a great way to lose your shirt..................
Once the tax payer woke up and the various subsidies (legal & illegal) started to be cut the airlines HAVE to attract investors - and that has led them down the path of LCA's and cuts in the legacy carriers. Personally I regret the effect - but people can now travel further and cheaper than ever before
I general I would agree with you but Days Inn are in the same business as The Dorchester and both make good profits. The ME3, Singapore etc. all now offer a better experience. Sure they have help from government, good locations etc. but having the majority of slots at LHR is hardly a hindrance! Tim Wright is correct when he says the current generation of airline management lacks vision (except when it comes to their own share options)