Airline Financial of recent origins 09-16-2002 New Credo Of Capacity chops Called Into Question Volume: 20 Number: 35 ISSN: 10405410 Publication Date: 09-16-2002 Page: 1 Type: Periodical Language: English A fresh credo in the airline industry that cutting capacity will help restore profitability is being challenged at an analyst at JP Morgan.
A fresh credo in the airline industry that cutting capacity will help restore profitability is being challenged at an analyst at JP Morgan. He join issues the new doctrine ignores the high fixed-cost nature of running an airline and that income declines easily exceed cost savings when flights are reduc He also is forecasting a clear loss for the industry this year of $68 billion, plane higher than the $6.2
