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:
“The idealist’s programme of political or economic reform may be impracticable, absurd, demonstrably ridiculous; but it can never be successfully opposed merely by pointing out that this is the case. A negative opposition cannot be wholly effectual: there must be a competing idealism; something must be offered that is not only less objectionable but more desirable.”
—Charles Horton Cooley (1864–1929)
“Should the conflagration climb,
Run till all the sages know.
We the great gazebo built,
They convicted us of guilt;
Bid me strike a match and blow.”
—William Butler Yeats (1865–1939)
“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.)