Competing Airlines Match Southwest Fares
Airlines competing with Southwest Airlines resisted Southwest entering a new market, due in part by the necessity to lower fares in that market (and reduce profitability) to remain competitive.
Read more about this topic: The Southwest Effect
Famous quotes containing the words competing, match and/or fares:
“In a sense that I am unable to explicate further, the proponents of competing paradigms practice their trades in different worlds.”
—Thomas S. Kuhn (1922)
“Seducing one’s neighbor to a good opinion and then afterwards believing devoutly in this neighbor’s opinion—who can match women in this clever ploy?”
—Friedrich Nietzsche (1844–1900)
“Fortune raises up and fortune brings low both the man who fares well and the one who fares badly; and there is no prophet of the future for mortal men.”
—Sophocles (497–406/5 B.C.)