Airline bankruptcies fall into two categories: some airlines, like Iceland’s WOW air last month, succumb because a new experiment does not pan out. Others, like Jet Airways in India in mid-April, give up because an old experiment no longer works; the market has evolved without them.
Samuel Engel expains Jet Airways' Failure from an economic perspective >>
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Samuel Engel expains Jet Airways' Failure from an economic perspective >>
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