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The Reason Air Travel Is Terrible and So Few Airlines Are Profitable

Harvard Business

Why is the airline industry so terrible? Which brings us back to the airline industry. ” Airlines are also pursuing efficiency in ways customers don’t see so easily, such as reducing the number of short-haul flights they offer and centralizing passengers in large airports.

Airlines 124
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Uber Shows How Not to Apply Behavioral Economics

Harvard Business

Another example I often give concerns the use of fuel- and carbon-efficient flight practices in the airline industry. All four groups increased their implementation of fuel-efficient behaviors. The intervention, it appears, encourages a new habit, as fuel efficiency measures remained in use after the study ended.

Airlines 190
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Consultant Ninja: Information Visualization Irony: Management.

Consultant Ninja

It lacks functionality and an efficient UI, and is overpriced." - Andy Holaday "Its a cascading hierarchy of awfulness, which almost makes it challenging to critique!" - Tim Wilson "But it’s not just the people with the purse strings who will buy something because its a) pretty, b) expensive and c) they’ve heard of it." - N Barrett.

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Consolidation in Europe’s Airline Industry

BCG

Over the past 15 years, Europe’s full-service airlines have flown through turbulent skies as they generally failed to adapt to an increasingly price-competitive short-haul market. The financial, regulatory, and political barriers to various strategic scenarios will determine the exact nature of each airline’s options.

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Where Predictive Analytics Is Having the Biggest Impact

Harvard Business

The increased prediction accuracy, in turn, makes it possible to achieve large increases in operational efficiency — having the right inventory in the right locations. Advances in measurement technology increasingly allow offline firms to benefit from these types of gains through more efficient pricing. Predictive maintenance.

Data 132
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Consultant Ninja: Who is to blame for the mortgage crisis.

Consultant Ninja

There are really 2 market plays given this dynamic: Potential Market Play 1 : Take on the risk, but only if its commesurately balanced with the long-term reward, behaves on the efficient frontier of return, is completely understood, can be insured against external risks, and is aligned with the asset class allocation for your particular needs.

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The Real Power of Platforms Is Helping People Self-Organize

Harvard Business

Airline operations are a huge optimization challenge. There are hundreds of planes, thousands of pilots, flight attendants, mechanics, and ground crews that must be properly deployed for the system to work efficiently. Even a PhD would have to admit at the beauty of that efficiency. How does Uber handle the holiday crunch?