So this has been an interesting week. First Aloha (citing competition from a predatory competitor (read Mesa's go!) then ATA (citing loss of the Fedex teaming contract) and now Skybus (citing the economy and fuel) have all shut down this week.
So will there be any more?
There are a few carriers who are in trouble. These 3 airlines will not withdraw enough capacity from the system to make a big difference so the basic issues still remain. Airlines need to have a better and more rational approach to their commercial model.
T2 believes that there will be a few attempts at resuscitating these airlines. We hope for the employees sakes that this is successful.
Cheers
Timothy
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