Budget travel booms in downturn - 20 Mar 09
Air travel is typically one of the first sectors hit during an economic downturn. But one part of the industry is continuing to grow: budget travel. Al Jazeera’s Azhar Sukri reports on an airline that’s bucking the global trend.
Tags: downturn, sukri, al jazeera, Budget, booms, Travel, Budget Travel, economic downturn
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u are absloutely right.!
How do you know the global rescission will end in 3 yrs?
I said that regulation results in a bureaucratic hierarchy, pre-neo-liberalist, and you turn it upside down and say regulation shields us from hegemony. Yet haven’t suffered from bureaucratic hegemony for 20 years, because neoliberalism took over during Reagan and Thatcher. Your definition of regulation against bureaucracy is false, regulation in the form of Obama seems to be bureaucratic hegemony. That also fits to the end of budget airlines, so stop contradicting yourself
That would fit into the picture of Barack’s ending of the Neoliberalist economic policies, that created budget airlines, and that will reinstate the bureaucratic corporatism with its Monopolies
I have a feeling that Air Asia and other budget airlines will go bust within 3 years, which is by the time the world economy recovers.
If you are planning to start a budget airline company, well, good luck, but I strongly believe you will go bankrupt like when you lose all the money in a game called Monopoly.