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FULL CREDIT TO IATA
Posted by julian on July 2, 2009 in Airlines
Tucked away in exclusive Geneva in neutral Switzerland, IATA used to operate exactly like a Swiss bank. It appeared to wield huge power over the airline industry by being a faceless almost clandestine organization. All its executives were chauffeured around in limousines and they flew first class around the world staying in the “poshest” of [...]
FURTHER CONSOLIDATION OF THE INTERNATIONAL AIRLINE INDUSTRY
It has already taken place in America, with now just four legacy airlines still in business, Delta, American, United and Continental. Because every country in the world including tiny Nauru Island in the Pacific (population 13,500) feels it must have its own airline, nationalism has been the major factor, irrespective of the losses/potential losses, that [...]
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