Tony Tyler, the International Air Transport Association’s chief executive, said recently that “too often governments see aviation as a luxury and milk it as a cash cow.” Giovanni Bisignani, Tyler’s provocative predecessor, also has in the past several years repeatedly accused governments of implementing a narrow-minded cash-cow policy toward airlines. Although the airline industry gradually evolved into a form of mass transport and now carries more than 3 billion passengers per year, ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "The Cash-Cow Strategy Is A Losing Proposition".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.