Full-service airlines, hamstrung by large debt incurred to survive the pandemic financial crisis and minimal recovery of the lucrative corporate travel segment, need to reevaluate their business models, as well as fleet and finance strategies, to return to growth mode, according to Alix Partners.
The global consulting firm and turnaround specialist recommended a series of steps airlines should take to create a sustainable business post-recovery, including greater focus on generating revenue from...
https://www.freightwaves.com/news/report-cargo-part-of-solution-mix-for-airline-deleveraging