Caribbean Airline Industry Cost Drivers
Posted By admin On 08/03/18Sako 85 Serial Numbers. ABSTRACT: LIAT “The Caribbean Airline” on the Brink of Doom – BUT Still in Denial and Brushes Off Calls for a MAJOR Restructuring, why is it that the Caribbean is a graveyard for airlines? No local airline has been financially successful for any length of time if there is no government ownership, and even then they go bust! I think it comes down to poor management and political interference and corruption! Where are the accounting books for LIAT?
Caribbean have regularly made operating losses, although this is not a phenomenon unique to the Region. Across the globe, competition in the industry has intensified over the years. Deregulation has generally benefitted passengers at the expense of legacy airlines, with low cost carriers exploiting. But what does this have to do with a national airline? That is exactly the problem – the apparent disconnect between airline business strategy and tourism development strategy. One reason is the popular myth that the aviation industry is at the mercy of normal market forces. In my opinion, there is.