Originally Posted by
yosithezet
How is this unfair competition? RyanAir needs to bloat their VP level management structure and sign old school contracts with unions to be on equal footing?
No, it becomes unfair competition if/when they flood markets with cheap seats for a period of time for the specific purpose of bankrupting existing market players only to raise fares substantially once that is accomplished.
This is why both the EU and United States have anti-dumping laws which protect local industries from these sorts of players emanating from lower wage economies. The same principal can and is applied to LCC's.
Again, I have no problem with real and fair competition, however I must admit that I share the concerns expressed by LY's management pertaining to LCC's flooding the TLV market for the vary reasons I specify above.