So B747-437B, you must really dislike all Southwest type airlines. I mean, they are really sticking it to the major carriers by providing a similar type of service for a shocking lower price. I really doubt National, Southwest, Airtran and all the other low fare airline sacrifice "quality" for price. So what if I don't get a meal, I'll just bring my own on board. Hey, if you wanna pay two times the price for food and IFE, go right ahead. All airlines have the right to exist, don't go off and tell me because National provides the bare bones product that they shouldn't be flying. Why should I give the majors American or Delta the pleasure of ripping me off when someone else out there will do it cheaper?
You obviously don't understand any of what I wrote above. There is no problem with the LCD providing bare-bones services at cost. That makes them a viable and self-supporting market entity. It is when the LCD has a pattern of offering services BELOW COST that the free market collapses for the reasons I outlined above.
National continues to sell services at a price below what it takes to make a profit. They have subsidized these losses by discharging their debt through Chapter 11 protection and through the Federal government's cash bailout. Now they are seeking to cut their labor expenses even further rather than addressing their revenue stream. It is a completely flawed business model with absolutely no hope of success, something that has been proven multiple times over with their trip to bankruptcy, their ATSB rejection, etc... Unfortunately, the management has chosen to pursue this loser model, has rejected any recapitalization offers that exclude them from decision making and essentially drag everyone else down with them as they continue to plunge deeper and deeper into the abyss.
So no, I don't dislike Southwest or AirTran, simply because they have viable business models that generate profits. National does not. THAT is why National needs to shut down and liquidate.
"The A340-300 may boast a long range, but the A340 is underpowered" -- Robert Milton, CEO - Air Canada