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Thread: Oasis Airlines
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[quote=APAULT,281363]Yes, Dave, they didnt always have the cheapest, but often did. Put simply, their business model was faulty. Their costs exceeded their revenue. Thier costs should have been no higher than any other company, they all pay the same for fuel. Of course the larger airlines can carry lossses for a while and force small competitors out, but this was not mentioned as a factor. The owners could see they were losing money and would not be able to continue. With full loads they had either to cut costs (not much scope there) or raise prices. they failed to do so. There creditors should be more than a little grieved. [/quote]
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