scoreboardII
Well-known member
- Joined
- Apr 15, 2008
- Posts
- 2,694
Andy gets it.The barriers to entry are near zero to start up a new airline. If it weren't for worldwide liquidity constraints, we probably would have seen one or two startups since age 65 went into effect. And it's not just old aircraft that you'd see startups fly; aircraft manufacturers are very generous with financing new aircraft.
Expect to see numerous startups next year or at least once the presidential election is defined.
Then, the new paradigm evolves, pilots flying mainline for RJ wages competing against current LCC's. LCC (like SWA) who have a wage disadvantage of 50%.
All that money thats being pulled out of the airlines via consolidation and bankruptcy will go right back in when the next IPO for "We fly cheap express" hits the streets.
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