With the government refusing to intervene, share prices falling, losses mounting, and a strike persisting…is Air France fighting for survival? Bruno Le Maire, the French Finance Minster, told reporters that the ongoing labor dispute “threatens the survival of Air France.”...
China Threatens U.S. Airlines
As Marriott can already attest, tensions over China’s sovereignty can hurt business. Now U.S. airlines are under threat. In one corner: China, stating that any business operating within its borders must respect its sovereignty. In the the other corner:...