Airlines Must Cut Fares For Survival and Growth
The current slowing economy needs an extra large dose of stimulus to bring it back on track. Unlike previous slowdowns, this time a 360 degree effort is required to prime the pump and beat the “FUD” factor (Fear Uncertainty Doubt).
The government has to do it’s part and focus on areas like infrastructure and other plan expenditure, the companies have to do their share, improve efficiency and reduce prices, and this time around, we the consumers are also going to have to do our bit, spending a bit more than we are comfortable with, even though we face FUD.
In the aviation sector the government has done a little bit like extending credit periods and partially reducing some taxes on aviation turbine fuel (ATF) , but it needs to bite the bullet… Continue reading
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