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Don't Burn Our Bridges: The Case for Owning Airlines, by Jean S. Holder
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Don't Burn our Bridges: The Case for Caribbean Carriers argues that a tourism-dependent region comprised largely of a group of islands must, in its own best interest, retain ownership of key aspects of its air access in spite of the costs and challenges involved in so doing. Air transportation is the glue that cements the tourism market to the destination, but it is also the aerial bridge connecting the territories and peoples of a single market and economy. Often regional airlines are forced to offer a mixture of commercial and social routes, which makes profitability difficult. The social service they provide is critical, however, and public sector shareholders should not measure their return on investment simply in terms of the bottom line. Holder rejects a widely held view that Caribbean governments, should not support their own carriers financially. Instead, he argues that because of their overall contribution to development generally, the air transportation industry should be counted among those companies in the region which are too big (and important) to be allowed to fail. Don't Burn Our Bridges documents the history of Caribbean airlines and attempts to demystify the complexities of such concepts as deregulation, yield management, hedging of oil prices, fare setting, fuel surcharges and a la carte pricing, while making the point that running successful airlines has defeated some of the world's most brilliant business minds. Holder also explores the impact of the global economic meltdown of 2008-2009 on air transportation and Caribbean tourism, and proposes a way forward for air transportation in the Caribbean community.
- Sales Rank: #5859727 in Books
- Brand: Brand: University of the West Indies Press
- Published on: 2010-03-24
- Original language: English
- Number of items: 1
- Dimensions: 9.02" h x .67" w x 5.98" l, 1.10 pounds
- Binding: Paperback
- 320 pages
- Used Book in Good Condition
About the Author
Jean S. Holder is Chairman of LIAT Airline. He has served as Secretary General of the Caribbean Tourism Research and Development Centre and the Caribbean Tourism Organization.
Most helpful customer reviews
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Factors affecting Caribbean airline operations.
By Supa Sel
An insightful discussion of socio-political factors faced by Caribbean airlines with a focus on the main regional carrier LIAT. Written by one of its senior executives. A must read for those concerned about the state of regional transportation in the Caribbean.
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