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Should the tight regulation on foreign ownership of U.S. airlines be reconsidered? That's the...
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Tuesday, July 17, 2012, 9:17 AM ETShould the tight regulation on foreign ownership of U.S. airlines be reconsidered? That's the question posed by industry watcher George Hobica as he can't help but notice the bubbly profits and efficiencies the beer industry kicks up with foreign ownership the norm. Though national security has to be a consideration in the equation, so do endless years of unprofitability and bankruptcies.
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I appreciate your responses which give me a better perspective, just Cathay Pacific and Singapore Airlines are some of the best in the air. And the latter has profit sharing programs.
The employees have pride of representing their states, while my experience is not so on USA carriers. If there is little dignity in working there, there is less incentive to fly with them.
A few weeks before Sept 11, 2001, I took a RT to Toronto-- the ultra-late Northwest in its magazine the CEO said that he hoped that students would take business class after flying the low fare career. I thought: NO WAY
But if Singapore SQ wanted to charge me 4x that would be OK-- because they were gracious (top notch service) and offered low fares.
One of the big-3 USA full fare airline's stewardess similarly just mouthed-off her insecurities of flying to a particular major hub. ...
What happened to American management leadership!