want to know the over-arching theme with airlines failing?
expanding too much. it killed the most interesting and innovative airlines in the u.s. from the 70's to the 90's.
inflexibitility is what killed pan-am and twa.
just interesting that the airlines that try to be too much fail. while those who stick to what they are good at, thrive.
it's a lot better to specialize in commercial flight.
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