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business, industry

Svårigheten i att flyga

  Publicerad av Emanuel Sidea

So why, in relatively good times, does the airline industry struggle even to cover the cost of its capital?
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Too much of the air-travel business remains protected from genuine competition. That makes many airlines less fit than they should be, and more vulnerable when things get tough—as they may do if some big economies continue to slow.
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Economist: Fear of Flying, 14 June 2007