the cheapo's business model relies on "high turnover of customers /low profit" where as BA, Quantas, KLM etc rely on "fewer customers paying more = more profit" - this means theres a window of movement in profit they can drop to which only effects the shareholders profits, not the S&A (running costs) of the company!
Posted By: Cheltenham_Canary, Feb 20, 10:55:23
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