Sagging Airline Profits Pegg To Barriers forward Consolidation Anticipated $1.5 Billion clear Profitability Doesn't Measure Up
Apr 16 2001 (Airline Financial News/Phillips Publishing via COMTEX) -- Airline profits are sliding internationally in large part because of outdated bilateral treaty provisions and foreign ownership dominions that prevent industry consolidation, according to the director general of the International Air Transport Association (IATA).
"These anachronisms are preventing a more efficient and consistently profitable fabric to emerge," he ...
