Airline Executive Making Announcement | Teplis Travel

Discipline for Airlines, Pain for Fliers

At this week’s meeting in Miami of the International Air Transport Association, the annual meeting of the world’s top airline executives, the buzzword was “discipline.” “Discipline” is classic oligopoly-speak for limiting flights and seats, higher prices and fatter profit margins. This year, that discipline seems to be working: the I.A.T.A. projected this week that airline industry profits would more than double this year to nearly $30 billion, a record. To read the rest of the article, click here.

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