While it is one thing to grab share from legacy carriers encumbered by union work rules and expensive pension plans, it remains to be seen if today discounters can continue to grow, Allen says, citing the case of People Express, which was founded in 1981 and reached annual revenues of $1 billion, but was near bankruptcy when Texas Air acquired it in 1986. Express was a darling of the business schools, but it expanded too fast with grandiose dreams and the big guys were able to swat it down. Today, he says, the big operators are less able to quash the new competition.

We then sat together as a class and were told to come to a group decision on what courses to prepare. In addition to the curry plate, we could pick 3 out of 5 courses: appetizer, stir fry, noodles, soup and dessert. I was hoping for noodles, soup and dessert, but the group consensus was appetizer, stir fry and noodles.

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