Tuesday, 18 March 2014

Fragmented flag carriers

Full article on economist.com

Back in 2012, The Economist reported that four flag carriers from the Balkans were considering a merger. The logic was sound. When the seven former Yugoslav states went their own way in the 1990s, each set up its own flag carrier as an affirmation of independence. But some, such as Kosovo, a state which is only recognised by 100 or so countries and which covers just 11,000 square miles, needed a national airline about as much as they did a space programme. Kosova Airlines thus ceased operations in 2006. MAT Macedonian Airlines followed suit in 2009...