Opinion – Are low-cost airlines safe? – Global Times

Logo of Global Times

Logo of Global Times (Photo credit: Wikipedia)

This is an outstanding article from China’s leading newspaper, Global Times. It’s a must read. Check it out!

via Are low-cost airlines safe? – Global Times.

What I particularly liked about this article was the high quality graphical data that was easy to assimilate.

My own view is that the days of the full-service airlines are numbered – as they try to cut costs, like at Lufthansa, then safety will be at risk – all of this is set against dated and ineffective regulation of the air-travel industry.

Simply, budget airlines are the strategically sustainable business model for the future – whereas full-service carriers are doomed, chained by inflexible unions –  the prevailing weakness is airline regulation which is too inclined to protect powerful vested interests, viz. the status quo and not champion consumer interests.