For all of those bemoaning the fact that we were in negotiations with Hooters, let us not forget that Allegiant Airlines reogranized under Chapter 11 bankruptcy protection from 2000 to 2002.. Again citing my ValueJet example when their plane crashed in the Everglades, many industry experts thought they would never make it. Today they are Airtran.
We need to talk to any airline that we can offer them discounts on overhead (landing fees, free rent, etc) and matching advertising dollars, but we need to stay clear of any revenue guarantees. Many smaller airports end up owing millions with the types of deals.
Failure Is Your Friend: A Freakonomics Radio Rebroadcast - This week's Freakonomics Radio episode is a rebroadcast of the episode "Failure Is Your Friend" (You can subscribe to the podcast at iTunes or elsewhere, g...
1 day ago