I would love to see the model so we could critique the assumptions. £X upfront capex. £Y incremental opex. Just to accommodate a few incremental pax, which will only be relevant if you are at 100% capacity. And to get to this level you are forward selling incremental O class to the most price sensitive (leisure) pax who are more likely to travel with large luggage and not spend a penny on BoB, whilst annoying higher spending last minute corp pax (of whom there is a limited number, and they have a choice - of airports at least). Genius
Look. I sympathise. CF was built around business travellers in Canary Wharf and City doing day trips to EDI and FRA with minimal luggage and in high fare buckets. There are fewer of them. More Zoom, pressure to travel less, etc. more home working which perhaps means other airports more attractive as starting points / end points, But how does filling the plane with a few incremental bargain basement price pax help - whenever I have flown CF recently, outside of Friday evenings there have been spare seats. It’s a demand problem and not a supply problem. How does adding to supply at the risk of annoying your more loyal higher fare pax help? Again, would love to run some scenarios on their business plan. I guess we shall see