News for hackers. Stuff that matters.

A comment on Norwegian Air to cancel 85% of flights and temporarily lay off 90% of staff. Parent comment

Re:Norwegian Air to cancel 85% of flights and temporarily la... by MikeTheGreat on Monday March 16, 2020 @02:41PM (#22595920)
Starting a brand-new business to compete with an established monopoly/duopoly/oligopoly that's capital intensive doesn't seem like a thing that's likely to happen.

If people decided to enter markets purely based on profits then shouldn't there be a bunch of competitors for Google's search engine biz?

[ Parent | on HN ]
Re:Norwegian Air to cancel 85% of flights and temporarily la... by oat_bravo_nap on Monday March 16, 2020 @03:22PM (#22596485)
Well if what people are predicting will happen, then there will be a lot of bankrupt airlines that will have planes being auctioned off.

As to your second part, search engines aren't a high profit business; advertising is.

[ Parent | on HN ]
Re:Norwegian Air to cancel 85% of flights and temporarily la... by macrolime on Monday March 16, 2020 @03:06PM (#22596246)
You do realize that there are lots of low cost carriers that were started to compete with the expensive incumbent airlines?
[ Parent | on HN ]