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Alaska Airlines President Wants Competitors to Stop Dumping Cheap Seats
A top Alaska Airlines executive obliquely warned competitors on Thursday of the dangers of adding too many flights before a real recovery begins, suggesting they could cause lasting damage to the economic fortunes of U.S. carriers. “We’re in the midst of the biggest demand contraction in the history of our industry,” Alaska President Ben Minicucci said on the airline’s second quarter earnings call. “As we all know, there are far too many seats flying today for the demand that currently exists.… (www.yahoo.com) Mehr...Sort type: [Top] [Newest]
Airline De-regulation circa 1978 anyone. Seat costs got cheaper but boy did we go through a lot of upstart carriers?