Independent journal on economy and transport policy
13:28 GMT+1
A US airline has become the model for some newer operations in Europe, where the market has been transformed
(Financial Times)
July 24, 2000
By Kevin Done
The low-cost airlines are making increasing inroads into the market share of the national flag carriers in Europe and in the process are re-writing the rules of commercial aviation.
The impact is clear to see in the accounts of British Airways, the largest European airline, which is bearing the brunt of the attack by the no-frills carriers. ...... Read more on Financial Times
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