Even worse, Martyn, than a 10-across 777/380. That was the point I made in our March feature “Narrow margins.”
Until recently the thinking was that long-haul, low-cost wouldn’t work because savings weren’t possible. The failure of several budget carriers on long-haul routes provided the evidence.
But the arrival of these revised, essentially short-haul, aircraft like the B737 MAX and Airbus A320LR plus low fuel prices has changed matters.