I am a newbie, surely a monopoly system could work? or not?
I am a newbie, surely a monopoly system could work? or not?
What do you mean exactly?
Yes, a monopoly system would work but it takes experience and time to create it. For example I was able to push my competitor in Paraguay to his knees in less than a week (most of it was not my fault). After more than a year I am not the only airline in Malaysia yet but from what I can see my plan is going great and in a couple of months more he will also be pushed on his knees and finally gone.
First of all you need to know your competitors to know how they would react if you start pushing there loads and secondly you need to design a business model (personal golden formula) in order to be able to get good loads and make money at the same time. I can have over 60 in connection rating (the bars at the top) and 100 in direct rating (the bars at the bottom) and still make a profit margin of 45% to 55% on the route on short haul routes and on long haul routes even better.
Everything explained is in economy.