Lessons Learned From Small Planet Airlines' Failure
May 22, 2019
VILNIUS, LithuaniaâBefore its bankruptcy, Small Planet Airlines steadily increased revenue year over yearâgrowing its top line 800% in eight yearsâfrom â¬52 million ($57.9 million) in 2011 to â¬400 million in 2018. However, on âthe profit side, the story was much more volatile,â says...
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