I think because of the preponderance of LCC competition in domestic and short haul markets, and its almost complete absence in longhaul intercontinental markets, those large legacy carriers who do most of their business domestically/regionally are going to be hardest hit. This includes the big US carriers, who even though they might have sizeable international networks, do by far the majority of their business domestically. It is quite foreseeable that either these carriers will fold completely, or emerge from Chapter 11 in radically altered shape. Simply trimming service and removing customer contact staff from the front line in favour of automated solutions will simply drive customers away to LCC from whom they know what to expect, even if its not as good as the offering from the legacy carrier (or at least as good as it used to be). Because practically all the legacy carriers are in a similiar (poor) position, consolidation is unlikely until at least one major player goes under.
Big European carriers who depend on their longhaul business to subsidise their shorthaul/regional flying, seeming to be weathering the LCC storm OK
, some better than others, by adjusting their shorthaul product/pricing to meet the competition head on (not necessarily matching fare for fare, but emphasizing a qualilty differential while staying within reach on price). BA
have done quite well with this strategy, and seem to be turning the tide to a certain extent in the UK market. Other European carriers eg AZ
are basket cases, and always have been, and have really only one logical destination - complete disappearance. Consolidation will happen but only between carriers that can expect to survive long term (such as AF
). Others will be left either to disappear or be reduced to niche regional carriers/alliance feeds.
Young and beautiful and thin and gorgeous AND BANNED ! Cya at airspaceonline.com, losers