Yet it appears to have already laid the groundwork for international expansion as part of the Dubai government's bid to become a financialhub for the Middle East.
Neidl is now less bullish on discount carriers Southwest and JetBlue, which, despite their low fares and successful brand differentiations, don't figure to stand up to large carriers' inherent strengths of international routes, hub and spokes systems and frequent flier programs, not to mention their improved financial health.