Premium #181 – The New World Order of Airlines

It is difficult for US and European legacy carriers to effectively compete internationally, and they are increasingly seeking governmental assistance to overcome what they perceive to be unfair competition. From a consumer standpoint, we are fortunate that such actions are unlikely to be successful and that new competitors will continue to erode market share from these carriers by providing better value.

There are two sets of competitors that are negatively impacting the legacy carriers.