« We're So Thrilled..... | Main | Mini Travel Aggregators »
April 22, 2005
Will Everyone Turn Into Jet Blue?
Maybe the answer is that all the airlines adopt the Jet Blue business model?
Air travel has been undergoing a steady metamorphosis since 9/11, with carriers shrinking legroom, pulling free meals, and even eliminating complimentary pillows. And thanks to high oil prices and intense competition from upstarts like Jet Blue and Southwest, the process is only accelerating.
Today major air carriers begin reporting results and it’s not looking good. American is expected to post a $400 million loss. US Airways, which has filed for bankruptcy protection twice in the past two years, might go out of business entirely. United is expected to remain in Chapter 11 for some time to come. Delta is expected to be next in line to file for bankruptcy. Higher fuel prices add to the burden as the industry faces its fifth straight unprofitable year, with an estimated $5.5 billion in losses this year. Stepping into this apparent...
|
Related Products: |
Read more from this blogger: |
Posted on April 22, 2005 07:27 AM by jet bl133.
Filed in Travel Blog under jet blue.
Permalink 
| Comments (0)
