When I say that, I get my ear bent.
Interesting piece sent to me courtesy of
ABTN
CRANFIELD UNIVERSITY has published its second report into the low-cost scheduled airlines which have revolutionised short-haul air travel in recent times, particularly in the UK and Western Europe. The report says rapid growth of budget scheduled carriers in Europe is in sharp contrast to the charter airlines who have seen traffic stagnate or even decline. As the no-frills sector matures, however, a potential over-supply of airline seats means that some no-frills airlines will struggle to survive.
Sobering thought if you are looking to start a new carrier right on the doorstep of the biggest.