Originally Posted by
ftweb
Can someone explain the logic of this statement:
If you believe that success is measured in PRASM/RASM then the easy way to get there is to cut ASMs. The industry (both domestic and international) is growing significantly faster in total capacity than GDP is. That leads to pressure on the RASM/PRASM numbers and freaks the analysts out. Several execs are pushing back on it, but the analysts keep beating that drum.