Originally Posted by
Boeing 7E7
By that logic, maybe we should just stay at home and do nothing. Just in case something (bad) happens!
The demise of Laker had more to do with BA on this side of the Atlantic and the large airlines in the US on that side of the Atlantic conspiring to dump seat prices on the routes that Laker competed on. Their express aim was to drive Laker out of business. You remember those massive US airlines: Pan Am and TWA - Oh wait, they went bust too!
I don't doubt that there was a conspiracy to dump seats to drive Laker out. But TWA and Pan Am actually did survive in one aspect, those routes went to Delta, American and United thorough acquisition of assets.