"Airlines go in the long run at the competition to reason. For the passenger the competition is good, because each competitor tries to undercut the other one"

Niki Lauda's quote highlights the competitive nature of the airline market and suggests a dual-perspective on the effects of this competition. At first, the expression "Airlines go in the long term at the competition to reason" suggests that, in time, airlines are forced to take part in competitive practices to stay viable in the market. This suggests that competitors is a fundamental element of the market, driven by the necessity for airlines to distinguish themselves, enhance their services, and optimize operations to bring in and retain consumers.

Lauda acknowledges the inevitability of competition as a rational method for long-lasting survival in a challenging market landscape filled with fluctuating fuel rates, regulatory pressures, and progressing customer expectations. For airline companies, taking part in this constant competition is essential for sustaining business, attaining development, and maintaining success. In an extremely competitive environment, airlines must innovate, provide better services or costs, and strategically handle their resources to surpass competitors.

On the flip side, Lauda explains that for guests, this competitive environment is advantageous. "For the passenger, the competition is excellent, because each competitor attempts to damage the other one" illustrates how consumers are the supreme recipients of this competition. As airlines strive to undercut their rivals, they often provide lower fares, higher service quality, expanded route networks, and different amenities, intending to lure more travelers. Price decreases, additional services, commitment programs, and boosted consumer experiences show the favorable outcomes for passengers who reap the benefits of a competitive market.

In essence, Lauda's quote underscores the complicated characteristics of the airline industry, where competition drives both challenges and chances. While airlines need to navigate the detailed balance of managing costs and providing value, guests gain from the continuous enhancements and lower prices that arise from this endless competitive race. Ultimately, the quote records the cooperative relationship between airline industry methods and consumer benefits.