Originally Posted by
entropy
Its called competition, and its generally good for consumers, even if they prefer a better product. I'm surprised given your desire to see LY's cost structure right-sized. Operations like RyanAir are good for Israelis (and tourists) because they'll provide a lower cost option for travelers. I don't agree with LY's protectionist stance here....
It is not my intent to advocate protectionism for LY or any carrier. What I am trying to convey is that truly free competition is a good thing, however if a LCC comes into a market, exploits economies of scale and offers ridiculously low fares with the intent of driving competitors into bankruptcy, any benefit the consumer attained from lower fares will be short lived because fares will skyrocket with less competition in the long run. That is the scenario I am saying should be avoided.