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Frederic Bessis, Amadeus’ vice president of products and strategic planning spoke of the emergence of new business modes since airlines are feeling a constant pressure on their margins caused by the increased competition, the high fuel costs, the strong consumer pressure and the increased cost of IT infrastructure. Mr. Bessis referred to “bad times for the airline industry” due to the oil crisis and produced for the audience a chart that predicted a fall for the overall airline industry in 2009.
Posted On 23 Jul 2012
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