Originally Posted by
Down Low
If you half the number of seats in the same space and continue to charge the same fares, profit will go down.
To put it bluntly: I don't give a sh!t about the profit. I fly as a passenger, not as a shareholder. IAG is profitable enough as it is. If AF (or QR or CX or AA) offer me a better passenger experience at the sacrifice of their 'shareholder value' they will get my business.
The sanctification of 'shareholder value' and subsequent focus on short term profits is what is wrong with business nowadays.