It's one more competitor that's staying in the marketplace, and that tends to keep fares down. |
Other airlines have found they've grown faster than they could successfully manage. When you add that much capacity, you have a lot of risk during market downturns. You can't stop paying bills for new airplanes just because passengers don't show up. |
That's how you hone your competitive survival skills. You don't do it by getting all kinds of protection. That's a feather in their cap to be able to do this in a market that's as open as Dubai. |
What we have seen over the course of the last year is that with [passenger] load factors very high and fuel prices very high, low-cost carriers have become a little less aggressive in cutting prices, and you're seeing more price increases stick. |