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A comment on Thomas Cook Shuts Down. Parent comment

Re:Thomas Cook Shuts Down by Ahwleung on Monday September 23, 2019 @01:22PM (#21051078)
Wouldn't the failure of competitors and decrease in available flights result in the opposite? The surviving economy airlines will have more demand, higher prices, and will do better as a result?

Disclaimer: I have no knowledge or expertise in this field other than being subscribed to Wendover Productions.

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Re:Thomas Cook Shuts Down by glofish on Monday September 23, 2019 @03:09PM (#21052422)
In an optimally functioning world yeah - in an artificial world, where all of them lose money and are propped up artificially, one failure will lead to the rest of them perhaps losing a little less money ...

or it could be that travel drops - fewer flights overall may mean fewer passengers for all of them - most flying is purely leisure

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