RE:Warren Buffett loves to invest in Airline StocksWestjet ULCC model will not work as historicaly all major airlines ULCC has failed. Correct me if I am wrong - their pilots are all unionized... here you go #1 condiion - good luck to them.
watch this video and learn how ULCC operates https://www.youtube.com/watch?v=069y1MpOkQY
the interesting part about is from 7:00 about major companies budget airlines