beytzim
Well-known member
- Joined
- Nov 26, 2001
- Posts
- 202
Enigma: very informative post. Good Job.
To V70T5, you stated that the industry is becoming an oligopoly. You couldn't further from the truth. The industry WAS an oligopoly. But no more. That ended in the mid 90's or so when SWA and other LLC's were crushing the majors. Prior to that occurance, all the majors colluded (informally, of course) on price structure, routing, seats etc. - i.e. the definition of an oligopoly.
Since the mid-90's the airlines have been trying to be 'original' by adding LLC to their own fleets, lowering prices, and increasing passenger roominess (AA). That is pure capitalistic competition, and the last battle of 'the end of deregulation'. The war is almost over. To the winner belong the spoils my friend.
Welcome to America!
To V70T5, you stated that the industry is becoming an oligopoly. You couldn't further from the truth. The industry WAS an oligopoly. But no more. That ended in the mid 90's or so when SWA and other LLC's were crushing the majors. Prior to that occurance, all the majors colluded (informally, of course) on price structure, routing, seats etc. - i.e. the definition of an oligopoly.
Since the mid-90's the airlines have been trying to be 'original' by adding LLC to their own fleets, lowering prices, and increasing passenger roominess (AA). That is pure capitalistic competition, and the last battle of 'the end of deregulation'. The war is almost over. To the winner belong the spoils my friend.
Welcome to America!