Legacy??
- Thread starter tprops4me
- Start date
Basically a way to hook investors to put cash into a "non-legacy" airline, when anyone knows that airlines, in general, are terrible investments.
Like selling extra-large fries to someone morbidly obese: "It's not super-sized, it's value-sized. Yes, McDonalds is unhealthy for you because of their large portions, although we care about you by offering a better value for your dollars."
Like selling extra-large fries to someone morbidly obese: "It's not super-sized, it's value-sized. Yes, McDonalds is unhealthy for you because of their large portions, although we care about you by offering a better value for your dollars."
Cessnaflyer
Wooooooooooooooooooooooooooooooo
Legacy Carrier is an airline revolving around a hub & spoke network and a corporate structure. In the U.S. market, the term specifically refers to those airlines that flew interstate routes prior to the Airline Deregulation Act of 1978.
While mainly used in the United States, other examples of legacy "mainline airline" carriers from around the world include Air France, KLM, Avianca, Air Canada, Lufthansa, British Airways, LAN Airlines, Aeromexico and Qantas.
The "Big Six"
Defunct ones include:
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cache:idhash:8305907-0!1!0!default!!en!2 and timestamp 20090330014220 -->Retrieved from "http://en.wikipedia.org/wiki/Legacy_carrier"
While mainly used in the United States, other examples of legacy "mainline airline" carriers from around the world include Air France, KLM, Avianca, Air Canada, Lufthansa, British Airways, LAN Airlines, Aeromexico and Qantas.
The "Big Six"
- United Airlines
- Continental Airlines
- Delta Air Lines
- American Airlines
- Northwest Airlines
- US Airways
Defunct ones include:
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cache:idhash:8305907-0!1!0!default!!en!2 and timestamp 20090330014220 -->Retrieved from "http://en.wikipedia.org/wiki/Legacy_carrier"
drunkenbeagle
Gang Member
Surviving at least 3 bankruptcies, and still operating more than 10 A/C types.
Extra points for running a hub with an iron fist. (AMR gets even more points for ruling love field with an iron fist without even flying there)
JoelT
Well-Known Member
The term "legacy" started getting thrown around in the early 2000's. Prior to then most folks just referred to them as "majors". A "major" airline was one that had a yearly revenue of $1B or more.
Then, all of a sudden, other airlines started breaking that mark that were not traditional known as "majors", airlines like SWA, American Eagle and ExpressJet. Pretty soon all airlines would be "major" so a different term needed to be used. That was really when "Legacy", "LCC", and "Small-Jet" began to be used to differentiate between the various business models.
Then, all of a sudden, other airlines started breaking that mark that were not traditional known as "majors", airlines like SWA, American Eagle and ExpressJet. Pretty soon all airlines would be "major" so a different term needed to be used. That was really when "Legacy", "LCC", and "Small-Jet" began to be used to differentiate between the various business models.
JoelT
Well-Known Member
Yes. By the very definition there can not be anymore.
CN94559
New Member
Legacy Carrier is an airline revolving around a hub & spoke network and a corporate structure. In the U.S. market, the term specifically refers to those airlines that flew interstate routes prior to the Airline Deregulation Act of 1978.
While mainly used in the United States, other examples of legacy "mainline airline" carriers from around the world include Air France, KLM, Avianca, Air Canada, Lufthansa, British Airways, LAN Airlines, Aeromexico and Qantas.
The "Big Six"
Other American Legacies not included in the "Big Six"
- United Airlines
- Continental Airlines
- Delta Air Lines
- American Airlines
- Northwest Airlines
- US Airways
Defunct ones include:
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where does SWA fall into the mix?
surreal1221
Well-Known Member
They fall into the mix in today's environment as a LCC, or Low Cost Carrier.
CN94559
New Member
surreal1221
Well-Known Member
CN94559
New Member
surreal1221
Well-Known Member
Oh yeah?
Statistics show they're the "best" airline right now?
What definition of "best" was utilized?
Statistics show they're the "best" airline right now?
What definition of "best" was utilized?
CN94559
New Member
best On time percentage, lowest flight cancellation percentage, most money made (I think), not as many useless fees
there is no stat for the "best" obviously, I was just saying they're defiantly not doing bad.
Italianaviator
Well-Known Member
And best customer service by far out of all the airlines I have flown.
CN94559
New Member
:yeahthat:
I was gunna leave that out and hope somebody else would say it.
Thanks!
USMCmech
Well-Known Member
Upstart LCC.
Despite the fact that they carry more passengers on more planes than several of the "legacy" carriers. Their company has consitiantly made a profit over three decades. Their pilots are better paid and have never been furloghed.
Also one of those "legacy" airlines was effectively bought at a fire sale price by a LCC.
Labels are meaningless IMHO.
CN94559
New Member
jtrain609
Antisocial Monster
If labels are meaningless, then all things are equal eh?
If that's true then why didn't I make more than $20,000 in a year to operate a jet at the same speeds and altitudes as Doug, and in fact in the same airspace with the same amount of responsibility where it concerns the results of our mistakes?
Labels are needed so we know what we're working with. My job as an RJ driver is the exact same job as Doug's job when he was a domestic FO, but didn't have the pay, work rules or stability of his gig. If the job is the same, then it must be obvious that we work in a different segment of the industry.
And low and behold, he worked at a legacy, and I worked at a regional. Labels are accurate in this discussion.
If that's true then why didn't I make more than $20,000 in a year to operate a jet at the same speeds and altitudes as Doug, and in fact in the same airspace with the same amount of responsibility where it concerns the results of our mistakes?
Labels are needed so we know what we're working with. My job as an RJ driver is the exact same job as Doug's job when he was a domestic FO, but didn't have the pay, work rules or stability of his gig. If the job is the same, then it must be obvious that we work in a different segment of the industry.
And low and behold, he worked at a legacy, and I worked at a regional. Labels are accurate in this discussion.
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