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Cost saved is profit earned: Cost management strategies for FSCs

Phu Nguyen Event News Leave a Comment

Effective cost improvement is essential to any airline’s success story, especially for FSCs to be able to match the LCCs in operating cost terms. Airlines worldwide are making tough decision to cut costs, preparing for the rising fuel prices and intensifying competition that could contribute to lowering fares and hampering earnings growth. Recently in December 2016, Etihad Airways was reported …