How come cheap airlines are so cheap?

From Metrobest

Then enjoy this:

[youtube]http://www.youtube.com/watch?v=i2kVWLorLVE[/youtube]

Fastest growing segment of air travel are low cost carriers, here’s how they manage to offer fares half of what major carriers are charging. But is this all they can do? How about:

1. Even cheaper seats – in the baggage compartment below? No window view.
2. Bench seats – they seat more people.
3. Eliminate toilets in short-haul flights – make room for more seats.
4. Have the pilot double up as cabin crew when flight is in autopilot and as luggage handlers after the plane lands.
5. Drop cabin temperature and sell more blankets (make them thin), folks will have to buy 2 to stay warm.

I’m sure I’ll be able to come up with some more.