<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by verndemerest:
Avek,
I rarely agree with you for a number of reasons, but you are right on here. Most of the pundits from the government, to Wall Street, to the average passenger just don't seem to understand the differences between the hub model and WN/Jet Blue's model. Most people group AirTran and Frontier in with WN/Jet Blue, when the former have completely different business models. "Low Fare," in and of itself is not a model. The point to point model simply cannot move as many people to as many cities as a hub system can. Additionally, the point to point model seeks to maximize efficiency/productivity because it has lower revenue potential than the hub model. This means either flying all day and night like Jet Blue or staying out of congested airports like WN. More airline BK may come, but what the carriers are restructured into will not resemble Southwest too closely, even though the newspapers will continue to report so. On another note, Avek, is it true that if CO files again that it's an automatic Ch. 7 because of some of the circumstances/deals surrounding their first 2 BK's?
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It is my understanding (and I could be dead wrong) that since CO's BKs occurred PRIOR to the formalization of the three-strikes rule, the company technically has ZERO bankruptcies which count toward that limit.
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