Strategy – Page 859
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News
EC pushes ahead with air passenger rights proposals
Brussels has ignored industry pleas for a delay and put forward its proposals on air passenger rights, promising a five-fold increase in compensation for involuntary denied boarding on long-haul flights. Carriers fear this will bring costly penalties for overbooked flights.
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News
Dim light at end of tunnel
Investor confidence has begun coming back to the airlines, as have passengers. All that is needed now is profits as carriers start to post dismal fourth quarter losses.
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News
Competition time
Until now, regulators around the world have tended to rule on what the airline industry may not do by way of competition and consolidation. Now it is time for a positive vision of what is allowable in the brave new world post-11 September.