May
27
Mo Money Mo Problems: What Leaders Of Now-Profitable Airlines Should Learn From Biggie Smalls
ByMaybe the guys who run this nation’s now-surprisingly successful big airlines should listen to Notorious B.I.G.’s iconic, chart-topping 1997 hip-hop single about the cost of success.
“It’s like the more money we come across
The more problems we see”
For the first time in forever U.S. airlines are making respectable profits. On a net margin basis, they still are slightly below-average performers. But given their industry’s long, pathetic record of losses, bankruptcies, failed mergers, and junk bond ratings today’s remaining big carriers are doing pretty darn well for themselves. And their leaders are being hailed on Wall Street as miracle workers…
Mo Money Mo Problems: What Leaders Of Now-Profitable Airlines Should Learn From Biggie Smalls
