The Reason Air Travel Is Terrible and So Few Airlines Are Profitable
Harvard Business Review
MAY 27, 2016
After all, in 2015 Nucor recycled 17 million tons of scrap. Instead of having a few companies stagnate because they don’t move upmarket, the entire industry has ended up in stagnation. Unable to create new value, airlines focus on increasing margins by cutting bottom-line costs. There is no Plan B.
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