Article: Airline industry's old business ways just won't fly anymore.

By Tom Belden, The Philadelphia Inquirer Knight Ridder/Tribune Business News

Aug. 29--Two decades ago, and just five years into an experiment called airline deregulation, pundits were using the word oligopoly to describe what they saw happening.

Within a few years, the observers opined, the industry would be OPEC-like, controlled by as few as three huge global airlines.

Hanging around the edges would be a few smaller carriers, feeding passengers to the big guys or occupying niches that didn't attract the heavyweights.

Oh, how cloudy those crystal balls were. Evolution has indeed taken place, as it inevitably does in business, but ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!