To mark the 25th anniversary of Airline Business, 25 leading airline industry executives who have helped shape the sector over the last quarter century, give their reflections on the last 25 years and the challenges for the years to come.
Former bmi chairman Sir Michael Bishop looks back at developments over the past 25 years and at the challenges ahead for the sector in liberalising, new aircraft technology and the environment. He writes:
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"Congratulations to Airline Business for 25 years of excellent and specialised coverage of the world airline industry.
The business of air transport is a tumultuous industry, whose financial fortunes are frequently dictated by economic, aeropolitical, criminal or geological events far beyond the day-to-day operation or control of an airline's management itself.
Liberalisation and deregulation have been progressive and, latterly, greatly accelerated features of the consistent growth of airlines since the 1970s into new markets, making air travel affordable to a much wider income group. In the past 15 years, the budget-airline model has created start-up airlines that have rapidly grown to match or exceed the number of passengers carried annually by many of the longest established and larger full-service carriers".
More on bmi |
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- Read our recent feature on new owner Lufthansa's plans for bmi;
- Watch our video interview with bmi chief executive Wolfgang Prock-Schauer from shortly after his appointment;
- More on bmi plans to overhaul its short-haul cabins
More leader perspectives and anniversary content |
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- Read all 25 leader perspectives and messages and contributions from other senior figures;
- Airline industry figures give their reflections on the last 25 years in our special video report
- Follow the ups and downs of the industry since 1985 with our interactive airline industry timeline;
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Source: Airline Business
