WAW is alright, but you're correct, LOT owns it. I love your country by the way.
They don't drop it to one dollar (euro) no, but they do undercut the competition by $20-25. These "upstart" airlines usually fly routes to tourist destinations like Florida and the Gulf and Atlantic coasts so the fares are generally $99-$150. DL just adjusts their fares to $74-$100. They know what their bottom line is on the route and with todays accountants, they won't go below it, that's why I recommended on another thread a script that won't allow you go below a 1 euro profit on a route. For some planes that would mean a rock bottom fare of 35 euro and on another; 20.
I know what you mean, but then it goes back to whether or not the airline can pay off the gate (like I mentioned earlier, you also need to make enough to pay off the gate). Some would also complain of hte game losing it's competitive advantage (though I think if the two airlines talk it out, some good could come out of it.)
I should add I live in the US (Central Florida to be exact), but I have visted Poland once when I was younger (Polish Blood, pretty much all family lives there.) Should probebly plan to make another trip to visit. Watching the Polish Channels we get from Satillite, seems quite a bit has changed since i was last there in 94', but Poland is quite nice, espeically in the country side.