Starrion From United States of America, joined Jul 2003, 1139 posts, RR: 2
Reply 1, posted (8 years 9 months 3 days 1 hour ago) and read 5010 times:
How about- NO.
Right now all the airlines you mentioned above and the legacy carriers are fighting tooth and nail to fill the seats that they have without loosing even more money to high fuel costs. As independence Air showed, the market is quite brutal and offers an investor the opportunity to see ALL their capital disappear into thin air.
Yes, I know that Branson is starting "Virgin America", but he is going to have to see how much market power his name has when competing against Frontier, Southwest, and the legacy routes.
Should be interesting to see how a really well financed startup with good leadership and a new fleet does. I think jetBlue was the last one like this.