FlyerTalk Forums - View Single Post - Independence Air - going out of business sale?
Old Aug 30, 2005, 12:27 pm
  #2  
MKE-MR
 
Join Date: Mar 2003
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They can't. They've been on a going out of business sale since they started (see previous threads about a 109% breakeven load factor required, etc etc).

We can only guess that their strategy was to either hope United didn't make it, or cut back at Dulles, or to hope that the loss leader fares got people to flyI once, then come back and buy higher fares once they grew to like the service. While it seems some have grown to like the service, the fact that all the loss leader fares are still available means everybody's still paying fares that don't pay the bills.

Of course, many have been saying FlyI is not long for this world for a while now, and they've made it to their one year anniversary. That's a pretty solid result
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